HR 491 · 119th CongressPassed Housecongress.gov ↗
What this bill does
AI plain-language summaryThis 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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