Social Security 2100 Act Overview

The proposed Social Security 2100 Act aims to reform how annual cost-of-living adjustments (COLAs) are calculated, potentially leading to larger benefits for retirees. It recommends replacing the current CPI-W measure with the CPI-E, which better reflects expenses faced by Americans aged 62 and older. While the bill has not yet become law, its adoption could result in increased benefit adjustments and strengthened program finances if approved by Congress.

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