To mandate the monthly formulation and publication of a consumer price index specifically for senior citizens for the purpose of establishing an accurate Social Security COLA for such citizens.
CPI for Seniors Act of 2017 This bill directs the Bureau of Labor Statistics to prepare and publish a monthly index, to be known as the "Consumer Price Index for Seniors," that indicates changes in expenditures typical for U.S. consumers aged 62 or older.
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Timeline
Introduced in House
Referred to the House Committee on Education and the Workforce.
Introduced in House
Referred to the House Committee on Education and the Workforce.
Social Welfare
AgingInflation and pricesSocial security and elderly assistance
To mandate the monthly formulation and publication of a consumer price index specifically for senior citizens for the purpose of establishing an accurate Social Security COLA for such citizens.
USA115th CongressHR-2016| House
| Updated: 4/6/2017
CPI for Seniors Act of 2017 This bill directs the Bureau of Labor Statistics to prepare and publish a monthly index, to be known as the "Consumer Price Index for Seniors," that indicates changes in expenditures typical for U.S. consumers aged 62 or older.