A bill to provide for a limitation on cost-of-living increases in primary cash benefits under Federal pension, annuity, retirement, disability, workers' compensation, and similar plans which exceed in the aggregate a specified annual amount for each recipient.
Cost-of-Living Increase Limitation Act of 1983 - Provides that in any case in which the total of a retired individual's Federal pension benefits (including benefits received under the old age, survivors and disability insurance program of title II of the Social Security Act and the Federal workers' compensation programs) exceeds $10,000 (to be increased annually according to the consumer price index), any cost-of-living adjustment increase in the individual's pension benefits (including OASDI and Federal workers' compensation) shall be reduced by 60 percent.
Introduced in House
Introduced in House
Referred to House Committee on Government Operations.
Executive Comment Requested from State, OMB, OPM, DOD, HHS, DOT, Labor, Treasury.
Referred to Subcommittee on Legislation and National Security.
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