COLA Act of 2020
Official title: To amend title II of the Social Security Act to provide for a minimum annual cost-of-living increase for Social Security benefits, and for other purposes.
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Referred to the Subcommittee on Social Security.
Certainty for Older Living Americans Act of 2020 or the COLA Act of 2020
This bill sets out an alternative method to calculate cost-of-living adjustments for Old-Age, Survivors, and Disability Insurance benefits and requires the Social Security Administration to use whichever method results in a greater increase each year.
The current method is based on the annual change in the Consumer Price Index for Urban Wage Earners and Clerical Workers, which may result in no or small increases to benefits in years with deflation or low inflation. The alternative method established by this bill is based on a 10-year average of cost-of-living adjustments.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 7765: COLA Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7765/
"H.R. 7765: COLA Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7765/.
H.R. 7765, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7765/.
[H.R. 7765: COLA Act of 2020](https://openamerica.io/bill/116-HR-7765/)