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H.R. 716

BillFederalHouseIn Committee
Fair COLA for Seniors Act of 2023
About This Bill
Committee
Latest Action · December 17, 2024
Referred to the Subcommittee on Social Security.
Congress
118th (2023–2025)
Introduced
February 1, 2023
Cosponsors (38)
38D 0R
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Summary

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Fair COLA for Seniors Act of 2023 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.

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