Equal COLA Act aims to achieve parity in cost-of-living adjustments for Federal Employees Retirement System and Civil Service Retirement System.
The Equal COLA Act seeks to amend title 5, United States Code, to ensure equal cost-of-living adjustments (COLA) for annuities under the Federal Employees Retirement System and the Civil Service Retirement System. This adjustment applies to any COLA made after the enactment of this Act and to any annuity starting before, on, or after the enactment date. The bill's purpose is to align the COLA for both retirement systems, ensuring fairness and consistency in benefits for federal retirees.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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