Bill 119 s 624 aims to make changes to title 5 of the United States Code in order to ensure that the cost-of-living adjustment for annuities under the Federal Employees Retirement System (FERS) is on par with those under the Civil Service Retirement System (CSRS). The bill seeks to achieve parity between the two systems in terms of the adjustments made to annuities to account for changes in the cost of living. Additionally, the bill includes provisions for other purposes related to federal employee retirement benefits.
Bill 119 s 624 aims to make changes to title 5 of the United States Code in order to ensure that the cost-of-living adjustment for annuities under the Federal Employees Retirement System (FERS) is on par with those under the ...