,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #deea  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #ab1 #bjaf   
,mr4 ,jolly introduc$ ! foll[+ bill2 :i*
 0 ref]r$ to ! ,committee on ,ways &    
,means1 & 9 addition to ! ,committee on 
,education & ! ,work=ce1 = a p]iod to be
 subsequ5tly det]m9$ by ! ,speak]1 9 ea*
 case = consid]ation ( su* provisions z 
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to require !       
e/abli%m5t ( a ,consum] ,price ,index = 
,old] ,am]icans to compute co/-(-liv+   
increases = mon?ly insurance b5efits "u 
title ,,ii ( ! ,social ,security ,act1 &
 = o!r purposes4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,keep+ our ,promise
 to ,s5iors ,act4  #b4 ,consum] ,price  
,index = ,old] ,am]icans  7a7 ,9 g5]al  
,! ,bureau ( ,labor ,/ati/ics ( !       
,dep>tm5t ( ,labor %all prep>e & publi% 
an index = ea* cal5d> mon? to be kn[n z 
! ,consum] ,price ,index = ,old]        
,am]icans t--  7#a7 measures *anges ov] 
"t 9 ! co/ ( liv+ = a population t      

consi/s solely ( individuals liv+ 9 !   
,unit$ ,/ates :o are #fb ye>s ( age or  
old]2  7#b7 is specifically design$ to  
reflect ! geographic areas 9 :i* su*    
individuals reside1 ! goods & s]vices   
pur*as$ by su* individuals1 & ! prices  
typically by su* individuals = ^? goods 
& s]vices2 &  7#c7 is n bas$ on any o!r 
consum] price index publi%$ by ! ,bureau
 ( ,labor ,/ati/ics4  7b7 ,effective    
date ,subsection 7a7 %all apply )       
respect to cal5d> mon?s beg9n+ aft] !   
date t is #a ye> aft] ! date ( !        
enactm5t ( ?is ,act4  #c4 ,computation (
 co/-(-liv+ increases = old-age &       
survivor's b5efits  7a7 ,9 g5]al        
,section #bae7;i7 ( ! ,social ,security 
,act 7#db ,u4,s4,c4 #dae7;i77 is am5d$--
 7#a7 9 p>agraph 7#a77;,g71 by ins]t+   
be=e ! p]iod ! foll[+3 1 &1 ) respect to
 any mon?ly insurance b5efit payable "u 
?is title1 effective = adju/m5ts "u ?is 
subsection to ! prim>y insurance am\nt  
on :i* su* b5efit is bas$ 7or to any su*
 b5efit "u section #bbg or #bbh71 !     

applicable ,consum] ,price ,index %all  
be deem$ to be ! ,consum] ,price ,index 
= ,old] ,am]icans & su* prim>y insurance
 am\nt %all be deem$ adju/$ "u ?is      
subsection us+ su* ,index2 &  7#b7 9    
p>agraph 7#d71 by /rik+ & by section    
#ijja & ins]t+ 1 by section #ijja1 & by 
ins]t+ aft] #aihf1 ! foll[+3 & by       
section #c7;a7 ( ! ,keep+ our ,promise  
to ,s5iors ,act14  7b7 ,con=m+ am5dm5ts 
9 applicable =m] law ,section           
#bae7;i77#a77;,c7 ( su* ,act1 z 9 effect
 9 ,decemb] #aigh & appli$ 9 c]ta9 cases
 "u ! provisions ( su* ,act 9 effect    
aft] ,decemb] #aigh1 is am5d$ by ins]t+ 
be=e ! p]iod ! foll[+3 1 &1 ) respect to
 any mon?ly insurance b5efit payable "u 
?is title1 effective = adju/m5ts "u ?is 
subsection to ! prim>y insurance am\nt  
on :i* su* b5efit is bas$ 7or to any su*
 b5efit "u section #bbg or #bbh71 !     
applicable ,consum] ,price ,index %all  
be deem$ to be ! ,consum] ,price ,index 
= ,old] ,am]icans & su* prim>y insurance
 am\nt %all be deem$ adju/$ "u ?is      

subsection us+ su* ,index4  7c7 ,no     
effect on adju/m5ts "u o!r laws ,section
 #bae7;i7 ( ! ,social ,security ,act    
7#db ,u4,s4,c4 #dae7;i77 is am5d$ by    
add+ at ! end ! foll[+3  7#f7 ,any      
provision ( law 7o!r ?an 9 ?is title7   
:i* provides = adju/m5t ( an am\nt bas$ 
on a *ange 9 b5efit am\nts result+ f a  
det]m9ation made "u ?is subsection %all 
be appli$ & adm9i/]$ )\t reg>d to !     
am5dm5ts made by section #c ( ! ,keep+  
our ,promise to ,s5iors ,act4  4  7d7   
,effective date ,! am5dm5ts made by     
p>agraph 7#a7 %all apply to det]m9ations
 made ) respect to co/-(-liv+           
computation qu>t]s beg9n+ aft] ! date t 
is #a ye> aft] ! date ( ! enactm5t ( ?is
 ,act4