United States · Bill · HR
H.R. 5980 (117th)
Inflation Transparency for Seniors Act
Introduced
15 November 2021
Last action
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Status
Referred to the Subcommittee on Social Security.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
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.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 15 November 2021
Introduced in House (PDF)
Introduced in House · EN · 15 November 2021
Introduced in House
summary · EN · 15 November 2021
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/house-bill/5980
- Open data entity: https://api.congress.gov/v3/bill/117/hr/5980