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Increased Social Security Benefits Based on Local Living Costs

This bill aims to increase monthly Social Security benefits (old-age, survivors, and disability) for citizens. The increase amount will depend on the cost of living in a specific area, meaning individuals in more expensive regions might receive higher benefits. This adjustment seeks to align support with local economic conditions.
Key points
Social Security benefits may increase to better match the cost of living in your area.
The amount of the increase will vary depending on the region where you reside.
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Additional Information
Print number: 117_HR_3838
Sponsor: Rep. Meng, Grace [D-NY-6]
Process start date: 2021-06-11