Equal COLA Act
2/14/2025, 1:38 PMSummary of Bill HR 491
Bill 119 HR 491 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.The bill also includes provisions for other purposes related to federal employee retirement benefits. This legislation is important as it aims to ensure fairness and equity in the retirement benefits provided to federal employees under different retirement systems.
Overall, Bill 119 HR 491 seeks to address disparities in cost-of-living adjustments for federal employee annuities and promote equality in retirement benefits for all federal employees.
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Current Status of Bill HR 491
Bill HR 491 is currently in the status of Bill Introduced since January 16, 2025. Bill HR 491 was introduced during Congress 119 and was introduced to the House on January 16, 2025. Bill HR 491's most recent activity was Referred to the House Committee on Oversight and Government Reform. as of January 16, 2025Bipartisan Support of Bill HR 491
Total Number of Sponsors
8Democrat Sponsors
8Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
166Democrat Cosponsors
166Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 491
Primary Policy Focus
Alternate Title(s) of Bill HR 491
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.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.Comments
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Sponsors and Cosponsors of HR 491
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