A bill to protect retired and disabled persons by preserving the integrity of the Consumer Price Index.

Summary

Makes it the continuing duty of the Bureau of Labor Statistics to compile and publish the Consumer Price Index (CPI). Requires that no changes be made in the factors used in the formation of the CPI or any similar index, except as authorized by law, if such changes would reduce the amount of the cost-of-living increases, as compared to the increases which would have been provided without such changes, provided by the following programs: (1) the old age, survivors, and disability insurance benefits program and the supplemental security income program under the Social Security Act; (2) the civil service retirement program; (3) the military retired pay program; (4) the Railroad Retirement Act of 1974; or (5) any other Federal program providing retirement or similar payments on account of past performance of personal services.

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Documents

1 official file

• Introduced in Senate

  summary · EN · 6 February 1981

  Open at official source

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