A bill to amend title II of the Social Security Act to provide that the automatic cost-of-living increases in benefits thereunder shall be based either on increases in the Consumer Price Index or on increases in wages, whichever (in any particular case) is lower.

Summary

Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to base the automatic cost of living increases in title II benefits either on increases in the Consumer Price Index or on increases in wages, whichever is lower for the cost of living computation quarter involved.

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1 official file

• Introduced in House

  summary · EN · 13 November 1981

  Open at official source

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