Proposed
Bill · 119th Congress · HR 5841
Boosting Benefits and COLAs for Seniors Act
Refreshed 4 h ago
Introduced 2025-10-28Topic: social services · economy jobs · budgetSummary
AI-generated summary, report an errorThis bill changes how yearly cost-of-living adjustments (COLAs) for Social Security and related benefits are calculated. The government would compare two price indexes, the current CPI-W and a Consumer Price Index for Elderly Consumers (CPI-E), and use whichever gives the higher increase. The Bureau of Labor Statistics would be required to publish a monthly CPI-E based on spending by people age 62 and older; until then, an existing research index would be used. Other federal laws that tie adjustments to the Social Security COLA would keep using the old calculation. The changes would apply to COLA determinations for periods ending on or after September 30, 2026.
Sponsors
- Nikki Budzinski Democrat sponsor
- 3 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-10-28 | House | Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Workforce, 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. | refer |
| 2025-10-28 | House | Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Workforce, 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. | refer |
| 2025-10-28 | Introduced in House | introduce | |
| 2025-10-28 | Introduced in House | introduce |