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Equal COLA Act

In committee: it can still change before the session ends.

US S 624 · Senate Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
Senate
Sponsors
21
Latest action
Feb 18, 2025

What it does

The Equal COLA Act would amend federal law to ensure that cost-of-living adjustments (COLAs) for annuities under the Federal Employees Retirement System (FERS) are calculated in the same way as those for annuities under the Civil Service Retirement System (CSRS), thereby achieving parity between the two systems. The bill modifies the formula used to determine annual COLAs for FERS retirees by aligning it with the CSRS method, which bases adjustments on the percent change in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from one base quarter to the next, rounded to the nearest 0.1 percent. This change would apply to all FERS annuity adjustments made after the…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Feb 18, 2025

  2. Committee (Current step)

    In committee · Feb 18, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Equal COLA Act | 52