1. Short title This Act may be cited as the Boosting Benefits and COLAs for Seniors Act . 2. More accurate cost-of-living adjustment (a) In general (1) In general Section 215(i)(1)(D) of the Social Security Act ( 42 U.S.C. 415(i)(1)(D) ) is amended by striking Consumer Price Index and all that follows through such index and inserting Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI–W, as published by the Bureau of Labor Statistics of the Department of Labor) or Consumer Price Index for Elderly Consumers (CPI–E, as published by such Bureau) (whichever such index results in the higher percentage under this subparagraph) exceeds the same such index . (2) Conforming amendment Section 215(i)(1)(G) of the Social Security Act ( 42 U.S.C. 415(i)(1)(G) ) is amended by inserting applicable for purposes of subparagraph (D) after Consumer Price Index . (b) Application to pre-1979 law (1) In general Section 215(i) of the Social Security Act as in effect in December 1978, and as applied in certain cases under the provisions of such Act as in effect after December 1978, is amended— (A) in paragraph (1)(B), by striking Consumer Price Index and all that follows through such index and inserting Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI–W, as published by the Bureau of Labor Statistics of the Department of Labor) or Consumer Price Index for Elderly Consumers (CPI–E, as published by such Bureau of such Department) (whichever such index results in the higher per centum under this subparagraph) exceeds, by not less than 3 per centum, the same such Index ; and (B) in paragraph (2)— (i) in subparagraph (A)(ii), by striking Consumer Price Index for such cost-of-living computation quarter and inserting Consumer Price Index applicable for such year under paragraph (1)(B)