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HOUSE 4315117th CongressReferred to the Subcommittee on Disability Assistance and Memorial Affairs.

Fair COLA for Seniors Act of 2021

Last Action
9/7/2021

CRS Summary

As of 2021-07-01 (00)

Fair COLA for Seniors Act

This bill bases cost-of-living adjustments for certain benefits available through federal and military retirement programs, Social Security, and specified programs for veterans on a price index that tracks the spending patterns of older consumers. The Bureau of Labor Statistics of the Department of Labor must publish that price index on a monthly basis.

Subjects

  • Aging
  • Government employee pay, benefits, personnel management
  • Government information and archives
  • Inflation and prices
  • Military personnel and dependents
  • Social security and elderly assistance
  • Veterans' pensions and compensation
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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.