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H.R.649: Protecting and Preserving Social Security Act

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about social welfare
You can read the bill
Sponsor Ted Deutch, D-Fla.
Total Cosponsors 28 (All Democrats)
Introduced Feb. 13, 2013
Latest Major Action April 23, 2013
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Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

Protecting and Preserving Social Security Act - Directs the Bureau of Labor Statistics (BLS) of the Department of Labor to prepare and publish for each calendar month a Consumer Price Index for Elderly Consumers (CPI-EC) that indicates changes over time in consumption expenditures typical for individuals in the United States age 62 or older.

Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to make the CPI-EC the applicable Consumer Price Index (CPI) for computation of cost-of-living increases in OASDI benefits for such individuals.

Amends the Internal Revenue Code to prescribe special rules for the determination of wages and self-employment income above the contribution and benefit base after 2013.

Amends SSA title II to include surplus average indexed monthly earnings (AIME) in the determination of primary OASDI amounts.

(Source: Congressional Research Service)

Bill Actions

Date Description
April 23, 2013 Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Feb. 19, 2013 Referred to the Subcommittee on Social Security.
Feb. 13, 2013 Referred to House Education and the Workforce
Feb. 13, 2013 Referred to House Ways and Means