Inflation Transparency for Seniors Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Nov 15, 2021)
Inflation Transparency for Seniors Act
This bill requires the Social Security Administration (SSA) to include information about specified consumer price indexes and their effects on Social Security benefits in account statements.
Specifically, the SSA must (1) include the most recent 10-year projections of the Consumer Price Index for All Urban Consumers, and (2) explain that cost-of-living increases for Social Security benefits are calculated using the Consumer Price Index for Urban Wage Earners and Clerical Workers.
What just happenedNov 15, 2021
Referred to the Subcommittee on Social Security.
Who’s behind it
- Introduced in HouseNov 15, 2021
- Nov 15, 2021Committee
Referred to the Subcommittee on Social Security.
Social Security Subcommittee - Nov 15, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Nov 15, 2021IntroReferralIntro-H
Introduced in House
- Nov 15, 2021IntroReferral1000
Introduced in House