A bill to provide for the monthly publication of a Consumer Price Index for the Aged which shall be used in the provision of cost-of-living benefit increases authorized by title II of the Social Security Act.

Requires the monthly publication of a Consumer Price Index for the Aged which shall be used in the provision of cost-of-living benefit increases authorized by title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act when it results in a higher benefit than the Consumer Price Index.