H.R.5980: Inflation Transparency for Seniors Act

About This Bill

  • Introduced Nov. 15, 2021
  • Latest Major Action Nov. 15, 2021

Bill Cosponsor

Bill Version

Bill Summary

Inflation Transparency for Seniors Act This bill requires the Social Security Administration (SSA) to include information about specified consumer price indexes and their effects on Social Security benefits in account statements. Specifically, the SSA must (1) include the most recent 10-year projections of the Consumer Price Index for All Urban Consumers, and (2) explain that cost-of-living increases for Social Security benefits are calculated...

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 15, 2021
Referred to the House Committee on Ways and Means.
Nov. 15, 2021
Referred to the Subcommittee on Social Security.
Nov. 15, 2021

Introduced in the House by Pete Stauber (R-Minn.)

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