I 
114TH CONGRESS 
1ST SESSION H. R. 3588 
To require the establishment of a Consumer Price Index for Elderly Con-
sumers to compute cost-of-living increases for Social Security benefits 
under title II of the Social Security Act and to provide, in the case 
of elderly beneficiaries under such title, for an annual cost-of-living 
increase which is not less than 3 percent. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 22, 2015 
Mr. ENGEL introduced the following bill; which was referred to the Committee 
on Ways and Means, and in addition to the Committee on Education and 
the Workforce, for a period to be subsequently determined by the Speak-
er, in each case for consideration of such provisions as fall within the ju-
risdiction of the committee concerned 
A BILL 
To require the establishment of a Consumer Price Index 
for Elderly Consumers to compute cost-of-living increases 
for Social Security benefits under title II of the Social 
Security Act and to provide, in the case of elderly bene-
ficiaries under such title, for an annual cost-of-living 
increase which is not less than 3 percent. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Guaranteed 3 Percent 
COLA for Seniors Act of 2015’’. 
SEC. 2. CONSUMER PRICE INDEX FOR ELDERLY CON-
SUMERS. 
(a) IN GENERAL.—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 ‘‘Con-
sumer Price Index for Elderly Consumers’’ that indicates 
changes over time in expenditures for consumption which 
are typical for individuals in the United States who are 
62 years of age or older. 
(b) EFFECTIVE DATE.—Subsection (a) shall apply 
with respect to calendar months ending on or after July 
31 of the calendar year following the calendar year in 
which this Act is enacted. 
(c) AUTHORIZATION
OF APPROPRIATIONS.—There 
are authorized to be appropriated such sums as are nec-
essary to carry out the provisions of this section. 
SEC. 3. COMPUTATION OF COST-OF-LIVING INCREASES. 
(a) IN GENERAL.—Section 215(i) of the Social Secu-
rity Act (42 U.S.C. 415(i)) is amended— 
(1) in paragraph (1)(G), by inserting before the 
period the following: ‘‘, and, solely with respect to 
any monthly insurance benefit payable under this 
title to an individual who has attained age 62, effec-
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tive for adjustments under this subsection to the pri-
mary insurance amount on which such benefit is 
based (or to any such benefit under section 227 or 
228) occurring after such individual attains such 
age, the applicable Consumer Price Index shall be 
the Consumer Price Index for Elderly Consumers 
and such primary insurance amount shall be ad-
justed under this subsection using such Index’’; 
(2) in paragraph (2)(A)(ii), by adding at the 
end the following: ‘‘In the case of individuals re-
ferred to in subdivision (I) or (II) who have attained 
age 62, irrespective of whether the Commissioner 
makes a determination described in the first sen-
tence of this clause with respect to the base quarter 
in any year, effective for adjustments under this 
subsection to the primary insurance amount on 
which such individual’s monthly insurance benefit is 
based occurring after such individual attains such 
age (or to any such benefit under section 227 or 
228), the Commissioner shall, effective with the 
month of December of such year, increase benefit 
amounts and primary insurance amounts of such in-
dividuals under this clause as if such base quarter 
were a cost of living computation quarter and the 
applicable increase percentage with respect to such 
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