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Higher Social Security COLAs: New Inflation Index for Senior Benefits.

This law changes how annual Social Security Cost-of-Living Adjustments (COLAs) are calculated to better reflect the expenses of older Americans. The calculation will use either the Consumer Price Index for Elderly Consumers (CPI-E) or the current index (CPI-W), choosing whichever results in the higher percentage increase. This aims to provide millions of retirees and beneficiaries with higher benefits, offering better protection against inflation, particularly rising healthcare costs.
Key points
Inflation Index Change: Social Security COLAs will be based on the CPI-E (for those 62+) or the CPI-W, always selecting the index that yields the greater benefit increase.
Increased Financial Security: The goal is to align benefits more closely with the actual costs faced by seniors, potentially leading to higher monthly payments.
Implementation Timeline: The new calculation rules will apply to adjustments determined for quarters ending on or after September 30, 2026.
article Official text account_balance Process page
Introduced
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Additional Information
Print number: 119_HR_5841
Sponsor: Rep. Budzinski, Nikki [D-IL-13]
Process start date: 2025-10-28
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Boosting Benefits and COLAs for Seniors Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_5841.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-10-28.

What are the main provisions?

Key points include:

  • Inflation Index Change: Social Security COLAs will be based on the CPI-E (for those 62+) or the CPI-W, always selecting the index that yields the greater benefit increase.
  • Increased Financial Security: The goal is to align benefits more closely with the actual costs faced by seniors, potentially leading to higher monthly payments.
  • Implementation Timeline: The new calculation rules will apply to adjustments determined for quarters ending on or after September 30, 2026.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Budzinski, Nikki [D-IL-13].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Benefits Economy