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bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      House Committee on Ways and Means
      Health
      Social Security
      House Committee on Energy and Commerce
      Health
      House Committee on Education and the Workforce
      Health, Employment, Labor, and Pensions
      Workforce Protections
    IntroducedMarch 7th, 2013

Bill Details

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Title

Consumer Price Index for Elderly Consumers Act of 2013

Official Title

To require the establishment of a Consumer Price Index for Elderly Consumers to compute cost-of-living increases for Social Security and Medicare benefits under titles II and XVIII of the Social Security Act.

Summary

Consumer Price Index for Elderly Consumers Act of 2013 - Directs the Bureau of Labor Statistics of the Department of Labor to prepare and publish a monthly Consumer Price Index for Elderly Consumers (CPIEC) that indicates changes over time in expenditures for consumption which are typical for individuals age 62 or older. Amends titles II (Old Age, Survivors and Disability Insurance) (OASDI) and XVIII (Medicare) to use such new CPIEC in the computation of cost-of-living increases for Social Security and Medicare benefits, replacing the CPI for All Urban Consumers (U.S. city average).