S 1667 · 97th Congress · Taxation

A bill to provide that automatic cost-of-living increases under the Social Security Act, and under certain Federal retirement programs which are linked to the Social Security Act, shall be made on October 1 of each year, rather than July 1.

Introduced 1981-09-28· Sponsored by Sen. Mattingly, Mack [R-GA]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB; Treasury Department; Health and Human Services Department.(1981-09-30)

Plain Language Summary

[AI summary unavailable — showing source text] Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act and the Railroad Retirement Act of 1974 to provide that automatic cost-of-living increases in social security and Federal retirement benefits shall be made on October 1 of each year for calendar years after 1981 (currently automatic cost-of-living increases are made on July 1 of each year).…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Sen. Symms, Steven D. [R-ID]ID