Locality-based Social Security Benefits Act of 2023

Locality-based Social Security Benefits Act of 2023

This bill directs the Social Security Administration (SSA) to increase an individual's monthly Social Security benefit amount based on where the individual resides.

Specifically, the SSA must increase the individual's benefit amount in accordance with a location-based rate that is typically used to adjust the pay of federal workers.

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1467 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 1467

  To adjust the amount of monthly old-age, survivors, and disability 
 insurance payments under title II of the Social Security Act based on 
              locality-based comparability payment rates.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 8, 2023

   Ms. Meng introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
  To adjust the amount of monthly old-age, survivors, and disability 
 insurance payments under title II of the Social Security Act based on 
              locality-based comparability payment rates.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Locality-based Social Security 
Benefits Act of 2023''.

SEC. 2. SOCIAL SECURITY BENEFIT AMOUNTS ADJUSTED TO REFLECT LOCALITY-
              BASED COMPARABILITY PAYMENT RATES.

    Notwithstanding title II of the Social Security Act, the 
Commissioner of Social Security shall increase the monthly benefit 
amount to which each individual is otherwise entitled under such title 
by the percentage determined by the President under sections 5304 and 
5304a of title 5, United States Code, for the locality pay area (as 
established in section 531.603 of title 5, Code of Federal Regulations) 
in which the individual resides at the time of such increase.
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