A bill to provide for limitations on certain retirement cost-of-living adjustments, and for other purposes.

Summary

Amends the Social Security Act (SSA) and other Federal law to provide for reduction in cost-of-living adjustments (COLAs) applied to: (1) higher primary insurance amounts under SSA title II (Old Age, Survivors and Disability Insurance) (OASDI), tying OASDI COLA determinations based on applicable increase percentages to similar determinations under other specified Federal benefit programs, including the Supplemental Security Income program under SSA title XVI; and (2) annuities under the civil service and other specified retirement systems for Federal employees and members of the armed forces.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 18 May 1995

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 18 May 1995

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 18 May 1995

  Open at official source

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