A bill to exclude locality adjustments from average pay for purposes of computing the amount of retirement annuities of new employees.

Bill 119 s 26, also known as the "Locality Adjustment Exclusion Act," is a proposed piece of legislation in the US Congress. The bill aims to exclude locality adjustments from the average pay calculation used to determine the amount of retirement annuities for new employees.

Currently, when calculating retirement annuities for federal employees, the average pay is used as a key factor. Locality adjustments, which are additional payments made to employees in high-cost areas to account for the increased cost of living, are included in this average pay calculation.

However, Bill 119 s 26 seeks to change this practice for new employees. The bill proposes that locality adjustments should be excluded from the average pay calculation for new employees, meaning that these adjustments would not be factored into the determination of retirement annuities for these individuals. The rationale behind this proposed change is not explicitly stated in the bill itself, but it is likely aimed at ensuring that retirement annuities are based on a more standardized and equitable calculation for all federal employees, regardless of their location. Overall, Bill 119 s 26 is a straightforward piece of legislation that seeks to make a specific adjustment to the calculation of retirement annuities for new federal employees by excluding locality adjustments from the average pay calculation.