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Equal COLA Act

3/13/2025, 1:08 AM

Summary of Bill S 624

Bill 119 s 624 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. Additionally, the bill includes provisions for other purposes related to federal employee retirement benefits.

Current Status of Bill S 624

Bill S 624 is currently in the status of Bill Introduced since February 18, 2025. Bill S 624 was introduced during Congress 119 and was introduced to the Senate on February 18, 2025.  Bill S 624's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S1011) as of February 18, 2025

Bipartisan Support of Bill S 624

Total Number of Sponsors
3
Democrat Sponsors
3
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
8
Republican Cosponsors
0
Unaffiliated Cosponsors
2

Policy Area and Potential Impact of Bill S 624

Primary Policy Focus

Alternate Title(s) of Bill S 624

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.
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.

Comments

Sabrina Gallagher profile image

Sabrina Gallagher

469

9 months ago

I can't believe they're trying to pass this bill, it's so unfair! Why should they get more money when we're struggling to make ends meet? This is just another way for them to line their pockets while the rest of us suffer. And did you know that this bill also includes a provision that would cut funding for essential services? It's outrageous!