H.R.4193 - Guaranteed 3% COLA for Seniors Act of 2009

To require the establishment of a Consumer Price Index for Elderly Consumers to compute cost-of-living increases for Social Security benefits under title II of the Social Security Act and to provide, in the case of elderly beneficiaries under such title, for an annual cost-of-living increase which is not less than 3 percent. view all titles (2)

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  • Official: To require the establishment of a Consumer Price Index for Elderly Consumers to compute cost-of-living increases for Social Security benefits under title II of the Social Security Act and to provide, in the case of elderly beneficiaries under such title, for an annual cost-of-living increase which is not less than 3 percent. as introduced.
  • Short: Guaranteed 3% COLA for Seniors Act of 2009 as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
12/02/09
 
 
 
 
 
 
 

Official Bill Text Comment on about 7 Pages

Sponsor

Representative

Eliot Engel

D-NY

No Co-Sponsors

Official Summary

12/3/2009--Introduced.Guaranteed 3% COLA for Seniors Act of 2009 - Directs the Bureau of Labor Statistics of the Department of Labor to prepare and publish a monthly Consumer Price Index for Elderly Consumers that indicates changes over time in expenditures for consumption which are typica
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Official Summary

12/3/2009--Introduced.Guaranteed 3% COLA for Seniors Act of 2009 - Directs the Bureau of Labor Statistics of the Department of Labor to prepare and publish a monthly Consumer Price Index for Elderly Consumers that indicates changes over time in expenditures for consumption which are typical for individuals in the United States who are age 62 or older. Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to:
(1) require the use of such index to compute cost-of-living increases for Social Security benefits; and
(2) provide, in the case of individuals who have attained age 62, for an annual cost-of-living increase of at least 3%.

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Recent Blog Coverage

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12/08/10
CPI Index in Use Short-changes Social Protection COLA for Seniors

He's the creator on the Guaranteed 3% Cost-of-Living Act (HR 4193), which might assure a minimal 3 % enhance in COLA for Social Protection recipients, routinely, within the long term.Study onHow CPI Index End users Miss Beneficial ...

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12/08/10
CPI Index in Use Short-changes Social Safety COLA for Seniors

He's the creator in the Guaranteed 3% Cost-of-Living Act (HR 4193), which might assure a minimal 3 % enhance in COLA for Social Protection recipients, routinely, while in the potential.Learn onHow CPI Index End users Miss Beneficial ...

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12/08/10
CPI Index in Use Short-changes Social Protection COLA for Seniors

He's the creator with the Guaranteed 3% Cost-of-Living Act (HR 4193), which might assure a minimal 3 % grow in COLA for Social Protection recipients, instantly, inside the long run.Go through onHow CPI Index Consumers Miss Very good ...

Source: Nike Air Stab
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