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Boosting Benefits and COLAs for Seniors Act
Last updated: 10/27/2025 · Introduced: 10/27/2025
Author: Richard Blumenthal (D-CT)
TL;DR (AI)
- This bill allows the Social Security Administration to use either the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) or the Consumer Price Index for Elderly Consumers (CPI-E) to calculate cost-of-living adjustments, whichever yields a higher percentage.
- The bill mandates the Bureau of Labor Statistics to create and publish a Consumer Price Index for Elderly Consumers (CPI-E) reflecting spending patterns of individuals aged 62 and older.
- Cost-of-living adjustments under the Social Security Act will be affected by these changes beginning in computation quarters ending on or after September 30, 2026.
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Other Sections
Includes provisions on preamble, short title., and 1 more.
3 sections
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