arrow_back Back to App

Equal COLA for Federal Retirees: Fairer Pension Adjustments.

This bill aims to equalize how annual pension adjustments are calculated for federal employees. It ensures that pensions under the FERS system will increase at the same rate as those under the CSRS system, potentially leading to higher benefits for many federal retirees.
Key points
Equal pension adjustments: FERS pensions will increase at the same rate as CSRS pensions.
Potentially higher benefits: This change could mean larger annual increases for federal retirees under the FERS system.
Applies to all annuities: The new adjustment rules will cover all benefits paid after the law's enactment.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_304
Sponsor: Rep. Connolly, Gerald E. [D-VA-11]
Process start date: 2021-01-13