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United States · Bill · HR

H.R. 5834 (111th)

Preserving Our Promise to Seniors Act

referredUnited States· United States Congress· EN

Introduced

22 July 2010

Last action

13 October 2010 · Referred

Status

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Sponsors

Rep. Deutch, Theodore E. [D-FL-22]

Subjects

Discovery layer

Source updated

23 March 2026

Summary

Preserving Our Promise to Seniors Act - Directs the Bureau of Labor Statistics (BLS) of the Department of Labor to prepare and publish for each calendar month a Consumer Price Index for Elderly Consumers (CPIEC) that indicates changes over time in consumption expenditures typical for individuals in the United States 62 years of age or older. Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to tie the CPIEC to computation of cost-of-lving increases in OASDI benefits. Directs the Secretary of the Treasury to disburse a cash payment of $250 (adjusted for inflation) for each non-COLA year to certain recipients of OASDI benefits, railroad retirement benefits, veterans disability compensation or pension benefits, or Supplemental Security Income (SSI) benefits under SSA title XVI. 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 2010. Develops points of order in the House of Representatives and the Senate with respect to consideration of any legislation whose effect would be a program: (1) reducing OASDI benefits in connection with contributions to individual beneficiary accounts in the private sector; or (2) providing for investment of amounts in the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund in any investment vehicle other than interest-bearing U.S. obligations or U.S.-guaranteed obligations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 22 July 2010

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, Rules, Transportation and Infrastructure, and Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 22 July 2010

    Introduced

    Referred to House Ways and Means

    Source: IntroReferral

  3. 22 July 2010

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 22 July 2010

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 23 July 2010

    Referred

    Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

    Source: Committee

  6. 13 October 2010

    Referred

    Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 22 July 2010

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 22 July 2010

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 22 July 2010

    Open at official source

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Sponsors

Related records

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Sources

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