H.R.1553: Fair COLA for Seniors Act

Overview

The Fair COLA for Seniors Act (H.R. 1553) would require the use of the Consumer Price Index for the Elderly (CPI-E), for the purpose of determining cost-of-living adjustments (COLAs) for a broad array of federal retirement programs, including Social Security. Using the CPI-E would ensure that benefits for older Americans are not diminished by rising costs in the goods and services that seniors disproportionately consume.

Related Bills

S.3234

The Social Security Solvency and Sustainability Act (S. 3234) would gradually raise the full retirement age from 67 to 70 and the early retirement age from 62 to 64. Additionally, the bill would revise requirements for computation of the age increase factor and the formula for maximum age for delayed retirement credit, while introducing a […]

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H.R.46

The Social Security Safety Dividend Act would ensure that seniors, veterans, and people with disabilities, who receive Social Security and certain other Federal benefits, receive a $250 payment if no cost-of-living adjustment is payable in a calendar year.

View Bill
Contact Your Members of Congress

Our Stance

Support

Priority

High

Bill Number

H.R.1553

Date Introduced

March 06, 2019

Committee

House Veterans' Affairs Committee

Bill Status

Introduced or Prefiled

Sponsor

Rep. John Garamendi

Co Sponsors