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Equal COLA Act

12/29/2022, 4:48 PM

Congressional Summary of S 4221

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.

Current Status of Bill S 4221

Bill S 4221 is currently in the status of Bill Introduced since May 16, 2022. Bill S 4221 was introduced during Congress 117 and was introduced to the Senate on May 16, 2022.  Bill S 4221's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S2520) as of May 16, 2022

Bipartisan Support of Bill S 4221

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
5
Republican Cosponsors
0
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 4221

Primary Policy Focus

Government Operations and Politics

Alternate Title(s) of Bill S 4221

Equal COLA Act
Equal COLA Act
A bill to 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.

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