Equal COLA Act

3/14/2024, 4:05 AM

Equal COLA Act

This bill revises the formula used to calculate the cost-of-living adjustment for annuities paid under the Federal Employees Retirement System.

Congress
118
Number
HR - 866
Introduced on
2023-02-08
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

2/8/2023
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Equal COLA Act

This bill revises the formula used to calculate the cost-of-living adjustment for annuities paid under the Federal Employees Retirement System.

Alternative Names
Official Title as IntroducedTo amend title 5, United States Code, to achieve parity between the cost-of-living adjustment with respect to an annuity under the Federal Employees Retirement System and an annuity under the Civil Service Retirement System, and for other purposes.
Policy Areas
Government Operations and Politics
Potential Impact
Government employee pay, benefits, personnel management•
Inflation and prices

Comments

Related

Member:  Gabe Vasquez
Member:  Glenn Ivey
Member:  Zoe Lofgren

Recent Activity

Latest Summary3/14/2023

Equal COLA Act

This bill revises the formula used to calculate the cost-of-living adjustment for annuities paid under the Federal Employees Retirement System.

Latest Action2/8/2023
Referred to the House Committee on Oversight and Accountability.