HR 1241 · 94th Congress · Cost of living

Consumer Price Index for the Elderly Act

Introduced 1975-01-14· Sponsored by Rep. Bingham, Jonathan B. [D-NY-22]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-01-14)

Plain Language Summary

[AI summary unavailable — showing source text] 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