42 U.S. Code § 1382f - Cost-of-living adjustments in benefits

(a) Increase of dollar amounts
Whenever benefit amounts under subchapter II of this chapter are increased by any percentage effective with any month as a result of a determination made under section 415 (i) of this title—
(1) each of the dollar amounts in effect for such month under subsections (a)(1)(A), (a)(2)(A), (b)(1), and (b)(2) ofsection 1382 of this title, and subsection (a)(1)(A) ofsection 211 of Public Law 93–66, as specified in such subsections or as previously increased under this section, shall be increased by the amount (if any) by which—
(A) the amount which would have been in effect for such month under such subsection but for the rounding of such amount pursuant to paragraph (2), exceeds
(B) the amount in effect for such month under such subsection; and
(2) the amount obtained under paragraph (1) with respect to each subsection shall be further increased by the same percentage by which benefit amounts under subchapter II of this chapter are increased for such month, or, if greater (in any case where the increase under subchapter II of this chapter was determined on the basis of the wage increase percentage rather than the CPI increase percentage), the percentage by which benefit amounts under subchapter II of this chapter would be increased for such month if the increase had been determined on the basis of the CPI increase percentage, (and rounded, when not a multiple of $12, to the next lower multiple of $12), effective with respect to benefits for months after such month.
(b) Publication in Federal Register of new dollar amounts
The new dollar amounts to be in effect under section 1382 of this title and under section 211 ofPublic Law 93–66 by reason of subsection (a) of this section shall be published in the Federal Register together with, and at the same time as, the material required by section 415 (i)(2)(D) of this title to be published therein by reason of the determination involved.
(c) Additional increases
Effective July 1, 1983—
(1) each of the dollar amounts in effect under subsections (a)(1)(A) and (b)(1) ofsection 1382 of this title, as previously increased under this section, shall be increased by $240 (and the dollar amount in effect under subsection (a)(1)(A) ofsection 211 of Public Law 93-66, as previously so increased, shall be increased by $120); and
(2) each of the dollar amounts in effect under subsections (a)(2)(A) and (b)(2) ofsection 1382 of this title, as previously increased under this section, shall be increased by $360.

Source

(Aug. 14, 1935, ch. 531, title XVI, § 1617, as added Pub. L. 93–368, § 6(b),Aug. 7, 1974, 88 Stat. 421; amended Pub. L. 97–248, title I, § 182(a),Sept. 3, 1982, 96 Stat. 404; Pub. L. 98–21, title IV, § 401,Apr. 20, 1983, 97 Stat. 138.)
References in Text

Section 211 ofPublic Law 93–66, referred to in subsecs. (a)(1), (b), and (c)(1), is section 211 ofPub. L. 93–66, title II, July 9, 1973, 87 Stat. 154, as amended, which is set out as a note under section 1382 of this title.
Amendments

1983—Subsec. (a)(2). Pub. L. 98–21, § 401(b), inserted provision that the amount obtained under par. (1) with respect to each subsection shall be further increased by the percentage by which benefit amounts under subchapter II of this chapter would be increased for such month if the increase had been determined on the basis of the CPI increase percentage, if greater, in any case where the increase under subchapter II of this chapter was determined on the basis of the wage increase percentage rather than the CPI increase percentage.
Subsec. (b). Pub. L. 98–21, § 401(a)(2), substituted “subsection (a) of this subsection” for “this section”.
Subsec. (c). Pub. L. 98–21, § 401(a)(1), added subsec. (c).
1982—Pub. L. 97–248redesignated existing provisions as subsec. (a), revised method of computation into pars. (1) and (2) and among other changes increased base for rounding-off from a multiple of $1.20 to a multiple of $12.00, and struck out provisions relating to publication of increased dollar amounts in the Federal Register, and added subsec. (b).
Effective Date of 1982 Amendment

Pub. L. 97–248, title I, § 182(b),Sept. 3, 1982, 96 Stat. 405, provided that: “The amendment made by this section [amending this section] shall become effective on October 1, 1982.”
Cost-of-Living Increases; Cost-of-Living Computation Quarter Determinations

Payment of increased benefits under program covered in subchapter II of this chapter, see section 1 ofPub. L. 98–604, set out as a note under section 415 of this title.
Application to Northern Mariana Islands

For applicability of this section to the Northern Mariana Islands, see section 502(a)(1) of the Covenant to Establish a Commonwealth of the Northern Mariana Islands in Political Union with the United States of America and Proc. No. 4534, Oct. 24, 1977, 42 F.R. 6593, set out as notes under section 1801 of Title 48, Territories and Insular Possessions.

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20 CFR - Employees' Benefits

20 CFR Part 416 - SUPPLEMENTAL SECURITY INCOME FOR THE AGED, BLIND, AND DISABLED

 

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