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H.R. 5342

Fair COLA for Seniors Act of 2016

Fair COLA for Seniors Act of 2016

This bill directs the Social Security Administration to make a one-time cost-of-living increase of 3.9%, effective with the month of June 2016, to benefits under title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act.

Such increase shall not be considered a general annual benefit cost-of-living increase in calendar years 2016-2017.

"Consumer Price Index" shall mean Consumer Price Index for Elderly Consumers (CPI-E).

The Bureau of Labor Statistics of the Department of Labor shall prepare and publish the CPI-E authorized by the Older Americans Amendments Act of 1987 for each calendar month beginning with July of the calendar year following the calendar year in which this bill is enacted.

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Rep. Nolan, Richard M. [D-MN-8](D-MN)Sponsor
2committees8actions1related bills2subjects
  1. Committee

    Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

    Health, Employment, Labor, and Pensions Subcommittee
  2. Committee

    Referred to the Subcommittee on Workforce Protections.

    Workforce Protections Subcommittee
  3. Committee

    Referred to the Subcommittee on Social Security.

    Social Security Subcommittee
  4. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Education and the Workforce Committee
  5. IntroReferralH11100-A

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  6. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Ways and Means Committee
  7. IntroReferralIntro-H

    Introduced in House

  8. IntroReferral1000

    Introduced in House

Fair COLA for Seniors Act of 2016 — Informed