H.R. 456 · 112th Congress
Consumer Price Index for Elderly Consumers Act of 2011
- Stage
- In committee
- Sponsor
- Charlie Gonzalez
- Introduced
- 2011-01-26
- Latest action
- 2011-02-04 · Referred to the Subcommittee on Social Security.
Summary
Consumer Price Index for Elderly Consumers Act of 2011 - Directs the Bureau of Labor Statistics of the Department of Labor to prepare and publish a monthly Consumer Price Index for Elderly Consumers (CPI) that indicates changes over time in expenditures for consumption which are typical for individuals aged 62 years of age or older.
Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) to provide for the use of such new CPI in the computation of cost-of-living increases for Social Security benefits.