S.1132: Protecting and Preserving Social Security Act

About This Bill

Bill Version

Bill Summary

Protecting and Preserving Social Security Act This bill revises the methodology for calculating Old Age, Survivors, and Disability Insurance (OASDI) benefits and phases out the cap on compensation subject to Social Security taxation. The bill directs the Bureau of Labor Statistics to prepare and publish a Consumer Price Index for Elderly Consumers (CPI-E) to track cost-of-living changes for individuals age 62 or older. The Social Security...

(Source: Library of Congress)

Bill Actions

Date Description
April 10, 2019
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2389)
April 10, 2019
Read twice and referred to the Committee on Finance.
April 10, 2019

Introduced in the Senate by Mazie K. Hirono (D-Hawaii)

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