legislation: 114-hr-1811

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
114-hr-1811 114 hr 1811 Protecting and Preserving Social Security Act Social Welfare 2015-04-15 2015-11-16 Referred to the Subcommittee on Health, Employment, Labor, and Pensions. House Rep. Deutch, Theodore E. [D-FL-21] FL D D000610 13 Protecting and Preserving Social Security Act Directs the Bureau of Labor Statistics of the Department of Labor to prepare and publish for each calendar month a Consumer Price Index for Elderly Consumers (CPI-EC) that indicates changes over time in consumption expenditures typical for individuals in the United States age 62 or older. Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSAct) to make the CPI-EC the applicable Consumer Price Index for computation of cost-of-living increases in OASDI benefits for such individuals. Amends the Internal Revenue Code to prescribe special rules for the determination of wages and self-employment income above the contribution and benefit base after 2015. Amends SSAct title II to include surplus average indexed monthly earnings in the determination of primary OASDI amounts. 2023-01-11T13:27:42Z https://www.congress.gov/bill/114th-congress/house-bill/1811

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