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S 3059119th CongressIn Committee
Boosting Benefits and COLAs for Seniors Act
Introduced: Oct 27, 2025
Sponsor: Sen. Blumenthal, Richard [D-CT] (D-Connecticut)
Standard Summary
Comprehensive overview in 1-2 paragraphs
Requires using Consumer Price Index for Elderly Consumers (CPI-E) for Social Security COLAs to better reflect senior expenses.
Key Points
- 1Amends Social Security Act to use higher of CPI-W or CPI-E for COLA calculations
- 2Applies to titles II (retirement), VIII (SSI), and XVI (SSDI)
- 3Requires Bureau of Labor Statistics to publish monthly CPI-E index
- 4Transitional rule allows use of research CPI-E until official index available
- 5Effective for COLA determinations ending on or after September 30, 2026
- 6Preserves existing adjustment formulas for other benefit programs
Impact Areas
Social Security beneficiariesCost-of-living adjustmentsSenior consumer price trackingFederal retirement policyBudget and entitlement spending
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