The purpose of this legislative proposal is to improve the way cost-of-living adjustments (COLAs) are calculated for Social Security benefits. Specifically, it aims to ensure that adjustments reflect the spending patterns of older adults by using the Consumer Price Index for Elderly Consumers (CPI-E) instead of the current index, which may not accurately represent their expenses. Key provisions of the proposal include a requirement for the Commissioner of Social Security to use the CPI-E when determining COLAs for Social Security benefits under various titles of the Social Security Act.