# 114-hr-5295: Safeguarding Economic Needs Important to Our Retirees through Creating an Ongoing Living Adjustment Guarantee (SENIOR COLA Guarantee) Act of 2016

114-hr-5295, Safeguarding Economic Needs Important to Our Retirees through Creating an Ongoing Living Adjustment Guarantee (SENIOR COLA Guarantee) Act of 2016, is a 114th Congress bill sponsored by Rep. Heck, Joseph J. [R-NV-3] (R-NV); status Referred to the Subcommittee on Social Security. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5295
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5295
- Congress: 114
- Title: Safeguarding Economic Needs Important to Our Retirees through Creating an Ongoing Living Adjustment Guarantee (SENIOR COLA Guarantee) Act of 2016
- Status: Referred to the Subcommittee on Social Security.
- Introduced: 2016-05-19
- Sponsor: Rep. Heck, Joseph J. [R-NV-3] (R-NV)
- Cosponsors: 3
- Policy area: Social Welfare
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Safeguarding Economic Needs Important to Our Retirees through Creating an Ongoing Living Adjustment Guarantee (SENIOR COLA Guarantee) Act of 2016 This bill amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to revise cost-of-living computation requirements. Annual minimum and maximum cost-of-living increases for Social Security beneficiaries shall range between: 3% and 4% for individuals whose adjusted gross income (AGI) for the preceding calendar year did not exceed $18,000 ($20,000 in a joint return), 1.5% and 3% for individuals whose AGI ranged from $18,000 to $48,000 ($20,000 to $50,000 in a joint return), or 1% and 2% for individuals whose AGI exceeded $48,000 ($50,000 in a joint return).

## Cosponsors (3)

- RICHARD NOLAN (D-MN), 2016-05-19T00:00:00.000Z
- Rep. Ruiz, Raul [D-CA-25] (D-CA), 2016-06-21T00:00:00.000Z
- COLLIN PETERSON (D-MN), 2016-07-13T00:00:00.000Z

## Related bills

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## Sources
- [114-hr-5295 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5295)

## Related
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-3268: PAST Act](https://policyrisk.com/legislation/114-hr-3268)
- [114-hr-2992: Merchant Marine of World War II Congressional Gold Medal Act](https://policyrisk.com/legislation/114-hr-2992)
- [114-hr-2759: Mental Health Access Improvement Act of 2015](https://policyrisk.com/legislation/114-hr-2759)
- [114-hr-2737: Filipino Veterans of World War II Congressional Gold Medal Act of 2015](https://policyrisk.com/legislation/114-hr-2737)
- [114-hr-2722: Breast Cancer Awareness Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-2722)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5295 (as of 2025-11-18).