HR 491 · 119th CongressPassed Housecongress.gov ↗

Equal COLA Act

What this bill does

AI plain-language summary

This bill changes how cost-of-living adjustments work for federal employee retirement benefits. Currently, if inflation goes up by more than 2%, retirees get smaller increases than the actual inflation rate. Under this bill, federal retirees would get the full inflation increase every year, no matter how high inflation goes.

Sponsor

Rep. Connolly, Gerald E. [D-VA-11]

D

Introduced

January 16, 2025

Policy Area

Government Operations and Politics

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