Safeguarding Economic Needs Important to Our Retirees through Creating an Ongoing Living Adjustment Guarantee (SENIOR COLA Guarantee) Act of 2016
Official title: To amend title II of the Social Security Act to provide annual minimum and maximum cost-of-living increases for Social Security beneficiaries, and for other purposes.
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Referred to the Subcommittee on Social Security.
Safeguarding Economic Needs Important to Our Retirees through Creating an Ongoing Living Adjustment Guarantee (SENIOR COLA Guarantee) Act of 2016
This bill amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to revise cost-of-living computation requirements.
Annual minimum and maximum cost-of-living increases for Social Security beneficiaries shall range between:
- 3% and 4% for individuals whose adjusted gross income (AGI) for the preceding calendar year did not exceed $18,000 ($20,000 in a joint return),
- 1.5% and 3% for individuals whose AGI ranged from $18,000 to $48,000 ($20,000 to $50,000 in a joint return), or
- 1% and 2% for individuals whose AGI exceeded $48,000 ($50,000 in a joint return).
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 5295: Safeguarding Economic Needs Important to Our Retirees through Creating an Ongoing Living Adjustment Guarantee (SENIOR COLA Guarantee) Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5295/
"H.R. 5295: Safeguarding Economic Needs Important to Our Retirees through Creating an Ongoing Living Adjustment Guarantee (SENIOR COLA Guarantee) Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5295/.
H.R. 5295, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5295/.
[H.R. 5295: Safeguarding Economic Needs Important to Our Retirees through Creating an Ongoing Living Adjustment Guarantee (SENIOR COLA Guarantee) Act of 2016](https://openamerica.io/bill/114-HR-5295/)