Fair Cost of Living Adjustment for Seniors Act of 1999
Read twice and referred to the Committee on Banking.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jun 21, 1999
Fair Cost of Living Adjustment for Seniors Act of 1999 - Establishes the Consumer Price Index Review Committee (Committee) for a study and report to Congress, according to certain requirements, on: (1) improvement of the method for determining the Consumer Price Index for the Elderly (CPIE); (2) recommendations addressing limitations on the method for determining the Experimental CPIE calculated by the Bureau of Labor Statistics (BLS) to ensure that the improved index accurately measures changes over time in expenditures for consumption that are typical for retirees receiving old-age and survivors insurance benefits under title II (Old Age, Survivors and Disability Insurance) of the Social Security Act (SSA); and (3) development of an implementation plan. Requires an additional Committee study on the method for determining an accurate consumer price index for individuals receiving disability benefits under SSA title II. Authorizes appropriations.Outlines a BLS pilot program to test CPIE accuracy.Provides for interim application of the Consumer Price Index for All Urban Consumers for cost-of-living computation quarters from January 1, 2000, to implementation of the Official Consumer Price Index for the Elderly (Official CPIE) to calculate cost-of-living adjustments for old-age and survivors insurance benefits.Directs the BLS Commissioner to prepare and publish monthly the Official CPIE for implementation, based on the implementation plan and recommendations, and subject to congressional approval of the study report, in calculating such adjustments for any retiree or individual who has attained age 62.Authorizes appropriations.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 20, 2025. Consult Congress.gov for the current record.
AI Conversation Starters
Explore the bill from different angles
Choose a perspective, copy a prompt, and paste it into your preferred AI. Each prompt includes the bill version and available official source links, and asks for counterarguments as well as supporting evidence.
Neutral evidence review
Objective
Analyze S.1247 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
View full prompt & sources
Fairness and public impact
Progressive lens
Examine S.1247 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.
View full prompt & sources
Institutions and government scope
Conservative lens
Examine S.1247 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.
View full prompt & sources
Individual rights and government power
Liberty lens
Examine S.1247 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.