A bill to provide for the monthly publication of a consumer price index for the aged and other social security beneficiaries, which shall be used in the provisions of the cost-of-living benefit increase authorized by title II of the Social Security Act.

[AI summary unavailable — showing source text] Authorizes and directs the Secretary of Labor, through the Bureau of Labor Statistics, to prepare, as part of the Consumer Price Index published monthly by the Bureau of Labor Statistics, a consumer price index (to be known as the Consumer Price Index for the Aged and Other Social Security Beneficiaries) designed to reflect the relevant price information for individuals, as a group, who are 65 years of age or older or are otherwise entitled to monthly benefits under Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act.…