To provide that adjustments in rates of pay for Members of Congress may not exceed any cost-of-living increases in benefits under title II of the Social Security Act.
Summary
This bill proposes to limit annual pay raises for Members of Congress by tying them directly to the cost-of-living adjustments (COLA) received by Social Security beneficiaries. Under this legislation, a congressional salary increase could not exceed the percentage increase granted to retirees and individuals with disabilities under the Social Security program for that same year. The practical impact of this bill is to ensure that pay hikes for federal lawmakers do not outpace the inflation adjustments provided to citizens living on fixed social security incomes.
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