Sec. 3. Computation of cost-of-living increases based on Consumer Price Index for Elderly Consumers
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Section 215(i)(1) of the Social Security Act ( 42 U.S.C. 415(i)(1) ) is amended by adding at the end the following new subparagraph: the term Consumer Price Index means the Consumer Price Index for Elderly Consumers (CPI–E, as published by the Bureau of Labor Statistics of the Department of Labor). . Section 215(i)(1) of the Social Security Act as in effect in December 1978, and as applied in certain cases under the provisions of such Act as in effect after December 1978, is amended by adding at the end the following new subparagraph: the term Consumer Price Index means the Consumer Price Index for Elderly Consumers (CPI–E, as published by the Bureau of Labor Statistics of the Department of Labor). .
Section 215(i)(4) of the Social Security Act ( 42 U.S.C. 415(i)(4) ) is amended— by striking and by section 9001 and inserting , section 9001 ; and by inserting and section 3 of the after COVID–19 Emergency Social Security Cost of Living Increase Act of 2020 , 1986, . The Bureau of Labor Statistics of the Department of Labor shall prepare and publish the index authorized by section 191 of the Older Americans Amendments Act of 1987 ( 29 U.S.C. 2 note) for each calendar month, beginning with the date of enactment of this Act, and such index shall be known as the Consumer Price Index for Elderly Consumers .
The amendments made by subsection
(a)shall apply to determinations made with respect to cost-of-living computation quarters (as defined in section 215(i)(1)(B) of the Social Security Act ( 42 U.S.C. 415(i)(1)(B) )) ending on or after September 30, 2021.
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Sec. 3
Computation of cost-of-living increases based on Consumer Price Index for Elderly Consumers
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