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United States · Bill · S

S. 1923 (116th)

Guaranteed 3 Percent COLA for Seniors Act of 2019

referredUnited States· United States Congress· EN

Introduced

20 June 2019

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Guaranteed 3 Percent COLA for Seniors Act of 2019 This bill revises the method used to calculate cost-of-living adjustments for certain Old Age, Survivors, and Disability Insurance benefits. Specifically, the Bureau of Labor Statistics must develop a price index that tracks the spending patterns of older consumers for purposes of calculating the cost-of-living adjustment. Individuals over 62 must receive, at minimum, a 3% annual cost-of-living increase.

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Documents

3 official files

Introduced in Senate (text)

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