Title: CPI-E Act of 2017
Policy area: Economics and Public Finance

Summary:
CPI-E Act of 2017
This bill bases cost-of -living increases in benefits under the Civil Service Retirement System, the Federal Employees Retirement System, military retirement and survivor benefit programs, the Social Security old-age, survivors, or disability insurance benefit program, and other specified veterans benefits programs on increases in the Consumer Price Index for the elderly.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1251 Introduced in House (IH)]

<DOC>






115th CONGRESS
  1st Session
                                H. R. 1251

 To provide for cost-of-living increases for certain Federal benefits 
    programs based on increases in the Consumer Price Index for the 
                                elderly.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 28, 2017

 Mr. Garamendi (for himself, Mr. Cartwright, Mr. Cicilline, Mr. Cohen, 
  Mr. Conyers, Mr. Deutch, Mr. Ellison, Mr. Grijalva, Ms. Norton, Ms. 
 Jackson Lee, Ms. Jayapal, Mr. Loebsack, Ms. Lofgren, Mrs. Carolyn B. 
 Maloney of New York, Ms. McCollum, Mr. McNerney, Mrs. Napolitano, Ms. 
  Pingree, Mr. Pocan, Ms. Shea-Porter, Ms. Slaughter, Mr. Swalwell of 
    California, Ms. Wasserman Schultz, Mrs. Watson Coleman, and Ms. 
  Hanabusa) introduced the following bill; which was referred to the 
   Committee on Ways and Means, and in addition to the Committees on 
Veterans' Affairs, Oversight and Government Reform, and Armed Services, 
for a period to be subsequently determined by the Speaker, in each case 
for consideration of such provisions as fall within the jurisdiction of 
                        the committee concerned

_______________________________________________________________________

                                 A BILL


 
 To provide for cost-of-living increases for certain Federal benefits 
    programs based on increases in the Consumer Price Index for the 
                                elderly.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``CPI-E Act of 2017''.

SEC. 2. COST-OF-LIVING INCREASES FOR CERTAIN FEDERAL BENEFITS PROGRAMS 
              BASED ON INCREASES IN THE CONSUMER PRICE INDEX FOR THE 
              ELDERLY.

    Notwithstanding any other provision of law, whenever there is an 
increase in the Consumer Price Index for the elderly, published by the 
Bureau of Labor Statistics, the dollar amounts in effect for the 
payment of the following benefits, as such amounts were in effect 
immediately before the increase in the Consumer Price Index for the 
elderly, shall be increased by the same percentage as such price index 
was increased:
            (1) An annuity under the Civil Service Retirement System or 
        the Federal Employees Retirement System.
            (2) Department of Veterans Affairs wartime disability 
        compensation under section 1114 of title 38, United States 
        Code.
            (3) Department of Veterans Affairs additional compensation 
        for dependents under section 1115(1) of such title.
            (4) The Department of Veterans Affairs clothing allowance 
        under section 1162 of such title.
            (5) Department of Veterans Affairs dependency and indemnity 
        compensation to surviving spouse under subsections (a) through 
        (d) of section 1311 of such title.
            (6) Department of Veterans Affairs dependency and indemnity 
        compensation to children under sections 1313(a) and 1314 of 
        such title.
            (7) Military retirement and survivor benefit programs, as 
        defined in section 1461(b) of title 10, United States Code.
            (8) Any old-age, survivors, or disability insurance benefit 
        under title II of the Social Security Act.
                                 <all>