To amend title II of the Social Security Act to provide a midyear cost-of-living increase to account for an insufficient increase for 2017, to apply the Consumer Price Index for the Elderly (CPI-E) to future Social Security COLAs, and for other purposes.

United States115th CongressHR-2896House of Representatives
Updated: Jun 22, 2017

Summary

Fair COLA for Seniors Act of 2017 This bill amends title II (Old Age, Survivors, and Disability Insurance) (OASDI) of the Social Security Act to, with respect to OASDI benefits: (1) apply a 3.9% cost-of-living adjustment (COLA) for the second half of 2017, and (2) revise the computation of COLAs to use the Consumer Price Index for Elderly Consumers.

Bill texts

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Introduced (House)View official text

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Timeline

  1. Introduced in House

  2. 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.

    House of Representatives

  3. Referred to the Subcommittee on Social Security.

    House of Representatives

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