legislation: 114-hr-5342
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| 114-hr-5342 | 114 | hr | 5342 | Fair COLA for Seniors Act of 2016 | Social Welfare | 2016-05-26 | 2016-09-19 | Referred to the Subcommittee on Health, Employment, Labor, and Pensions. | House | Rep. Nolan, Richard M. [D-MN-8] | MN | D | N000127 | 0 | 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. | 2023-01-11T13:32:59Z |