HR 1241 · 94th Congress · Cost of living
Consumer Price Index for the Elderly Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1975-01-14)
Plain Language Summary
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Consumer Price Index for the Elderly Act - Provides for the monthly publication of a Consumer Price Index for the Elderly by the Bureau of Labor Statistics which shall be used in the provision of cost-of-living benefit increases authorized under title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act. Provides that in determining such benefits, the index will be used if it produces a higher benefit payment than the consumer Price Index.…
Summarized by Claude AI · Non-partisan · For informational purposes only