S. 3059

119 S3059 IS: Boosting Benefits and COLAs for Seniors Act
 U.S. Senate
 2025-10-27
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
  II
  119th CONGRESS
  1st Session
  S. 3059
  IN THE SENATE OF THE UNITED STATES
  October 27, 2025
  Mr. Blumenthal  (for himself,  Mrs. Gillibrand ,  Mr.
  Gallego ,  Mr. Fetterman ,
  Mr. Sanders ,  Mr.
  Welch ,  Mr. Whitehouse ,
  Mr. Reed ,  Ms.
  Warren , and  Ms. Alsobrooks )
  introduced the following bill; which was read twice and referred to the
  Committee on
  Finance
  A BILL
To amend title II of the Social Security Act to require the Commissioner of
  Social Security to use the Consumer Price Index for Elderly Consumers for purposes of
  determining cost-of-living adjustments under titles II, VIII, and XVI of the Social
  Security Act, and for other purposes.
1.
Short title
This Act may be cited as the   Boosting Benefits and COLAs for Seniors Act  .
2.
More accurate cost-of-living adjustment
(a)
In general
(1)
In general
Section 215(i)(1)(D) of the Social Security Act ( 42 U.S.C. 415(i)(1)(D) ) is amended by striking  Consumer Price Index  and all that follows through  such index  and inserting  Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI–W, as published by the Bureau of Labor Statistics of the Department of Labor) or Consumer Price Index for Elderly Consumers (CPI–E, as published by such Bureau) (whichever such index results in the higher percentage under this subparagraph) exceeds the same such index .
(2)
Conforming amendment
Section 215(i)(1)(G) of the Social Security Act ( 42 U.S.C. 415(i)(1)(G) ) is amended by inserting  applicable for purposes of subparagraph (D)  after  Consumer Price Index .
(b)
Application to pre-1979 law
(1)
In general
Section 215(i) of the Social Security Act as in effect in December 1978, and as applied in certain cases under the provisions of such Act as in effect after December 1978, is amended—
(A)
in paragraph (1)(B), by striking  Consumer Price Index  and all that follows through  such Index  and inserting  Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI–W, as published by the Bureau of Labor Statistics of the Department of Labor) or Consumer Price Index for Elderly Consumers (CPI–E, as published by such Bureau of such Department) (whichever such index results in the higher per centum under this subparagraph) exceeds, by not less than 3 per centum, the same such Index ; and
(B)
in paragraph (2)—
(i)
in subparagraph (A)(ii), by striking  Consumer Price Index for such cost-of-living computation quarter  and inserting  Consumer Price Index applicable for such year under paragraph (1)(B) ; and
(ii)
in subparagraph (C)(i), by striking  Consumer Price Index as published for any month exceeds by 2.5 percent or more the level of such index  and inserting  Consumer Price Index for Urban Wage Earners and Clerical Workers or Consumer Price Index for Elderly Consumers as published for any month exceeds by 2.5 percent or more the level of such index .
(2)
Conforming changes
Section 215(i)(4) of the Social Security Act ( 42 U.S.C. 415(i)(4) ) is amended—
(A)
by striking  and by section 9001  and inserting  , section 9001 ; and
(B)
by inserting  and section 2 of the  Boosting Benefits and COLAs for Seniors Act ,  after  1986, .
(c)
No effect on adjustments under other laws
Section 215(i) of the Social Security Act ( 42 U.S.C. 415(i) ) is amended by adding at the end the following:
(6)
With respect to any provision of law (other than in this title, title VIII, or title XVI) which provides for an adjustment of an amount under such provision of law in the same percentage as a cost-of-living adjustment applied to benefit amounts under this title, such provision of law shall be applied and administered as if the percentage of such cost-of-living adjustment applied to benefit amounts under this title were determined without regard to the amendments made by subsections (a) and (b) of section 2 of the  Boosting Benefits and COLAs for Seniors Act .
  .
(d)
Publication of Consumer Price Index for Elderly Consumers
The Bureau of Labor Statistics of the Department of Labor shall prepare and publish an index for each calendar month to be known as the  Consumer Price Index for Elderly Consumers  that indicates changes over time in expenditures for consumption which are typical for individuals in the United States who have attained age 62.
(e)
Transition rule
Prior to the publication of the Consumer Price Index for Elderly Consumers (CPI–E) pursuant to subsection (d), the reference to such index made in each of the amendments made by subsections (a) and (b) shall be deemed to be a reference to the research price index prepared by the Bureau of Labor Statistics of the Department of Labor known as the Consumer Price Index for Americans 62 years of age and older (R–CPI–E).
(f)
Effective date
The amendments made by this section shall apply to determinations made with respect to cost-of-living computation quarters (as defined in section 215(i)(1)(B) of the Social Security Act ( 42 U.S.C. 415(i)(1)(B) )) ending on or after September 30, 2026.