Section 1. Short title
This Act may be cited as the Fairness for Servicemembers and their Families Act of 2025.
(a) In general
Subchapter III of chapter 19 of title 38, United States Code, is amended by adding at the end the following new section:
(a) In general
On January 1, 2026, and every five years thereafter, the Secretary shall—
(1) complete a review of how the amount specified in section 1967(a)(3)(A)(i) compares to the amount described in subsection (b); and
(2) submit to the Committees on Veterans' Affairs of the House of Representatives and the Senate the results of the review, which may serve as a guide for coverage increases within the existing administrative incremental structure.
(b) Amount described
The amount described in this subsection is the amount equal to—
(1) $500,000; multiplied by
(2) the average percentage by which the Consumer Price Index changed during the five fiscal years preceding the review under subsection (a).
(c) Consumer Price Index defined
In this section, the term Consumer Price Index means the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor.
(b) Clerical amendment
The table of sections at the beginning of chapter 19 of such title is amended by inserting after the item relating to section 1980A the following new item: