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        <title>Protecting and Preserving Social Security Act</title>
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          <actionDate>2016-09-12</actionDate>
          <text>Referred to the Subcommittee on Social Security.</text>
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        <fullName>Sen. Hirono, Mazie K. [D-HI]</fullName>
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        <updateDate>2015-05-07T15:39:23Z</updateDate>
        <text><![CDATA[ <p><b>Protecting and Preserving Social Security Act</b></p> <p>Directs the Bureau of Labor Statistics 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.</p> <p>Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSAct) to make the CPI-EC the applicable Consumer Price Index for computation of cost-of-living increases in OASDI benefits for such individuals. </p> <p>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 2015.</p> <p>Amends SSAct title II to include surplus average indexed monthly earnings in the determination of primary OASDI amounts.</p>]]></text>
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    <title>Protecting and Preserving Social Security Act</title>
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        <title>A bill to amend title II of the Social Security Act and the Internal Revenue Code of 1986 to make improvements in the old-age, survivors, and disability insurance program, and to provide for Social Security benefit protection.</title>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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