legislation: 114-hr-5367

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
114-hr-5367 114 hr 5367 Seniors' Security Act of 2016 Social Welfare 2016-05-26 2016-09-19 Referred to the Subcommittee on Health, Employment, Labor, and Pensions. House Rep. Norcross, Donald [D-NJ-1] NJ D N000188 0 Seniors Security Act of 2016 This bill amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSAct) to require the computation of cost-of-living adjustments to use the Consumer Price Index for Elderly Consumers (CPI-E). The Bureau of Labor Statistics of the Department of Labor shall prepare and publish the CPI-E for each calendar month. The CPI-E shall also be used for cost-of-living adjustments for federal civilian employee annuities and for the retired and retainer pay of members of the armed forces. SSAct title XVIII (Medicare) is amended to prohibit any increases in Medicare part B premiums for calendar years beginning with 2017 to the extent they would exceed 30% of the difference between the amount of benefits payable to an individual for that December and the amount of benefits payable for that November (both amounts determined before the deduction of a premium). This change shall allow premium increases of up to 30% of that difference. 2023-01-11T13:32:58Z  

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