Guaranteed 3 Percent COLA for Seniors Act of 2019
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.
Guaranteed 3 Percent COLA for Seniors Act of 2019
This bill revises the method used to calculate cost-of-living adjustments for certain Old Age, Survivors, and Disability Insurance benefits. Specifically, the Bureau of Labor Statistics must develop a price index that tracks the spending patterns of older consumers for purposes of calculating the cost-of-living adjustment. Individuals over 62 must receive, at minimum, a 3% annual cost-of-living increase.
Read twice and referred to the Committee on Finance.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 1923: Guaranteed 3 Percent COLA for Seniors Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-S-1923/
"S. 1923: Guaranteed 3 Percent COLA for Seniors Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-1923/.
S. 1923, 116th Cong. (2026), https://openamerica.io/bill/116-S-1923/.
[S. 1923: Guaranteed 3 Percent COLA for Seniors Act of 2019](https://openamerica.io/bill/116-S-1923/)