,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #cchi ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #bj1 #bjai,mr4 ,engel introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means1 & 9 addition to ! ,committee on ,education & ,labor1 = 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 = ,eld]ly ,consum]s to compute co/-(-liv+ increases = ,social ,security b5efits "u title ,,ii ( ! ,social ,security ,act & to provide1 9 ! case ( eld]ly b5efici>ies "u su* title1 = an annual co/-(-liv+ increase :i* is n less ?an #c p]c5t4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,gu>ante$ #c ,p]c5t ,,cola = ,s5iors ,act ( #bjai4 #b4 ,consum] ,price ,index = ,eld]ly ,consum]s 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 = ,eld]ly ,consum]s t indicates *anges ov] "t 9 exp5ditures = consumption :i* are typical = individuals 9 ! ,unit$ ,/ates :o are #fb ye>s ( age or old]4 7b7 ,effective date ,subsection 7a7 %all apply ) respect to cal5d> mon?s end+ on or aft] ,july #ca ( ! cal5d> ye> foll[+ ! cal5d> ye> 9 :i* ?is ,act is enact$4 7c7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ su* sums z are necess>y to c>ry out ! provisions ( ?is section4 #c4 ,computation ( co/-(-liv+ increases 7a7 ,9 g5]al ,section #bae7;i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dae7;i77 is am5d$-- 7#a7 9 p>agraph 7#a77;,g71 by ins]t+ be=e ! p]iod ! foll[+3 1 &1 solely ) respect to any mon?ly insurance b5efit payable "u ?is title to an individual :o has atta9$ age #fb1 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 #bbh7 occurr+ aft] su* individual atta9s su* age1 ! applicable ,consum] ,price ,index %all be ! ,consum] ,price ,index = ,eld]ly ,consum]s & su* prim>y insurance am\nt %all be adju/$ "u ?is subsection us+ su* ,index2 7#b7 9 p>agraph 7#b77;,a77ii71 by add+ at ! end ! foll[+3 ,9 ! case ( individuals ref]r$ to 9 subdivision 7,i7 or 7,,ii7 :o h atta9$ age #fb1 irrespective ( :e!r ! ,commission] makes a det]m9ation describ$ 9 ! fir/ s5t5ce ( ?is clause ) respect to ! base qu>t] 9 any ye>1 effective = adju/m5ts "u ?is subsection to ! prim>y insurance am\nt on :i* su* individual's mon?ly insurance b5efit is bas$ occurr+ aft] su* individual atta9s su* age 7or to any su* b5efit "u section #bbg or #bbh71 ! ,commission] %all1 effective ) ! mon? ( ,decemb] ( su* ye>1 increase b5efit am\nts & prim>y insurance am\nts ( su* individuals "u ?is clause z if su* base qu>t] 7 a co/ ( liv+ computation qu>t] & ! applicable increase p]c5tage ) respect to su* base qu>t] 7 equal to ! great] ( #c p]c5t or ! applicable increase p]c5tage 7if any7 ) respect to su* base qu>t]42 & 7#c7 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 #c ( ! ,gu>ante$ #c ,p]c5t ,,cola = ,s5iors ,act ( #bjai14 7b7 ,con=m+ am5dm5ts 9 applicable =m] law ,section #bae7;i7 ( su* ,act1 z 9 effect 9 ,decemb] #aigh & appli$ 9 c]ta9 cases "u ! provisions ( su* ,act 9 effect aft] ,decemb] #aigh1 is am5d$-- 7#a7 9 p>agraph 7#a77;,c71 by ins]t+ be=e ! p]iod ! foll[+3 1 &1 solely ) respect to any mon?ly insurance b5efit payable "u ?is title to an individual :o has atta9$ age #fb1 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 #bbh7 occurr+ aft] su* individual atta9s su* age1 ! applicable ,consum] ,price ,index %all be ! ,consum] ,price ,index = ,eld]ly ,consum]s & su* prim>y insurance am\nt %all be adju/$ "u ?is subsection us+ su* ,index2 & 7#b7 by add+ at ! end ( p>agraph 7#b77;,a77ii7 ! foll[+3 ,9 ! case ( individuals ref]r$ to 9 ! fir/ s5t5ce ( ?is clause :o h atta9$ age #fb1 irrespective ( :e!r ! ,commission] makes a det]m9ation describ$ 9 ! fir/ s5t5ce ( ?is clause ) respect to ! base qu>t] 9 any ye>1 effective = adju/m5ts "u ?is subsection to ! prim>y insurance am\nt on :i* su* individual's mon?ly insurance b5efit is bas$ occurr+ aft] su* individual atta9s su* age 7or to any su* b5efit "u section #bbg or #bbh71 ! ,commission] %all1 effective ) ! mon? ( ,decemb] ( su* ye>1 increase b5efit am\nts & prim>y insurance am\nts ( su* individuals "u ?is clause z if su* base qu>t] 7 a co/ ( liv+ computation qu>t] & ! p]c5tage ref]r$ to 9 ! fir/ s5t5ce ( ?is clause ) respect to su* base qu>t] 7 equal to ! great] ( #c p]c5t or ! p]c5tage 7if any7 o!rwise ref]r$ to 9 ! fir/ s5t5ce ( ?is clause ) respect to su* base qu>t]44 7c7 ,protection ( b5efits subject to ! family maximum ,section #bjc7;a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #djc7;a77 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#aa7 ,9 det]m9+ :e!r total mon?ly b5efits bas$ on any prim>y insurance am\nt exce$ ! am\nt p]mitt$ "u ?is subsection1 ! ,commission] %all disreg>d ! portion ( any b5efit o!rwise payable to any b5efici>y "u ?is title :i* is attributable to s mu* ( any increases 9 b5efits :i* w\ld n h occurr$ b = ! application ( ! la/ s5t5ce ( section #bae7;i77#b77;,a77ii7 7or ! la/ s5t5ce ( section #bae7;i77#b77;,a77ii7 z 9 effect 9 ,decemb] #aigh 7z am5d$7 & appli$ 9 c]ta9 cases "u ! provisions ( su* ,act 9 effect aft] ,decemb] #aigh74 4 7d7 ,rule ( con/ruction ,?is section & ! am5dm5ts made !reby %all n be con/ru$ z a g5]al b5efit increase = purposes ( section #bae7;i7 ( ! ,social ,security ,act 7& section #bae7;i7 ( su* ,act z 9 effect 9 ,decemb] #aigh & appli$ 9 c]ta9 cases "u ! provisions ( su* ,act 9 effect aft] ,decemb] #aigh74 7e7 ,effective date ,! am5dm5ts made by ?is section %all apply to det]m9ations made ) respect to base qu>t]s end+ on or aft] ,septemb] #cj ( ! second cal5d> ye> foll[+ ! cal5d> ye> 9 :i* ?is ,act is enact$4