Inflation Transparency for Seniors Act
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2021
Committee Review
Floor Vote
President
Introduced Nov 15, 2021
Last action Nov 15, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
Nov 15, 2021
Committee
Referred to the Subcommittee on Social Security.
lower
Nov 15, 2021
Committee
Referred to the House Committee on Ways and Means.
lower
Nov 15, 2021
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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