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United States · Bill · S

S. 780 (95th)

Older Americans Financial Security Act

referredUnited States· United States Congress· EN

Introduced

24 February 1977

Last action

24 February 1977 · Introduced

Status

Referred to Senate Committee on Finance.

Sponsors

Sen. Clark, Dick [D-IA], Sen. Hatfield, Mark O. [R-OR], Sen. Kennedy, Edward M. [D-MA], Sen. McIntyre, Thomas J. [D-NH], Sen. Melcher, John [D-MT], Sen. Riegle, Donald W., Jr. [D-MI], Sen. Stafford, Robert T. [R-VT], Sen. Cannon, Howard W. [D-NV], Sen. Randolph, Jennings [D-WV], Sen. Anderson, Wendell R. [D-MN]

Subjects

Discovery layer

Source updated

2 September 2025

Official sourceView documentsShare

Summary

Older Americans Financial Security Act - Authorizes and directs the Secretary of Labor, through the Bureau of Labor Statistics, to prepare, as part of the Consumer Price Index published monthly by the Bureau of Labor Statistics, a consumer price index (to be known as the Consumer Price Index for the Aged and other Social Security Beneficiaries) designed to reflect the relevant price information for individuals, as a group, who are 65 years of age or older or are otherwise entitled to monthly benefits under Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act. Provides that the automatic cost-of-living increases in benefits which are authorized under Title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act may be made on a semiannual basis (rather than only on an annual basis as at present). Modifies the Social Security retirement test by revising the formula for determination of an individual's yearly excess earnings.

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

Timeline

  1. 24 February 1977

    Introduced

    Referred to Senate Committee on Finance.

    Source: IntroReferral

  2. 24 February 1977

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

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Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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