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Equal COLA Act

3/14/2024, 4:05 AM

Congressional Summary of HR 866

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 HR 866

Bill HR 866 is currently in the status of Bill Introduced since February 8, 2023. Bill HR 866 was introduced during Congress 118 and was introduced to the House on February 8, 2023.  Bill HR 866's most recent activity was Referred to the House Committee on Oversight and Accountability. as of February 8, 2023

Bipartisan Support of Bill HR 866

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
50
Democrat Cosponsors
47
Republican Cosponsors
3
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 866

Primary Policy Focus

Government Operations and Politics

Potential Impact Areas

- Government employee pay, benefits, personnel management
- Inflation and prices

Alternate Title(s) of Bill HR 866

Equal COLA Act
Equal COLA Act
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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