Fair COLA for Seniors Act of 2016
Official title: To amend title II of the Social Security Act to provide a midyear cost-of-living increase to account for the lack of an automatic increase for 2016, to apply t… Show full official titleShow less
Official title: To amend title II of the Social Security Act to provide a midyear cost-of-living increase to account for the lack of an automatic increase for 2016, to apply the Consumer Price Index for the Elderly (CPI-E) to future Social Security COLAs, and for other purposes.
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Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
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.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 5342: Fair COLA for Seniors Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5342/
"H.R. 5342: Fair COLA for Seniors Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5342/.
H.R. 5342, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5342/.
[H.R. 5342: Fair COLA for Seniors Act of 2016](https://openamerica.io/bill/114-HR-5342/)