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Equal Cost-of-Living Adjustments for Federal Employee Pensions

This act aims to equalize how annual pension increases are calculated for all federal retirees. This means individuals on FERS pensions will receive the same cost-of-living adjustments as CSRS retirees, potentially increasing their income. These changes will take effect 90 days after the act becomes law.
Key points
Equal pension increases: Federal retirees under the FERS system will receive the same cost-of-living adjustments as those under the CSRS system.
Potential income boost: For many federal retirees, this means potentially higher annual pension increases.
Quick implementation: Changes will take effect 90 days after the act's enactment and apply to all future adjustments.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_S_4221
Sponsor: Sen. Padilla, Alex [D-CA]
Process start date: 2022-05-16
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Equal COLA Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_4221.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-05-16.

What are the main provisions?

Key points include:

  • Equal pension increases: Federal retirees under the FERS system will receive the same cost-of-living adjustments as those under the CSRS system.
  • Potential income boost: For many federal retirees, this means potentially higher annual pension increases.
  • Quick implementation: Changes will take effect 90 days after the act's enactment and apply to all future adjustments.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Padilla, Alex [D-CA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Benefits Labor