I
119THCONGRESS
1
STSESSION H. R. 491
To amend title 5, United States Code, to achieve parity between the cost-
of-living adjustment with respect to an annuity under the Federal Em-
ployees Retirement System and an annuity under the Civil Service Retire-
ment System, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
JANUARY16, 2025
Mr. C
ONNOLLY(for himself, Mr. MULLIN, Ms. TLAIB, Ms. BROWNLEY, Mr.
B
OYLEof Pennsylvania, Mr. CLEAVER, Mr. DAVISof North Carolina,
Mrs. M
CBATH, Ms. DELBENE, Mr. FROST, Mr. COHEN, Ms. LEGER
F
ERNANDEZ, Mr. MRVAN, Mr. THANEDAR, Ms. TITUS, Mrs. CHERFILUS-
M
CCORMICK, Mr. RASKIN, Ms. MCCLELLAN, Mr. CASAR, Mr. DAVISof
Illinois, Ms. O
CASIO-CORTEZ, Mr. GARAMENDI, Ms. SALINAS, Mr.
L
YNCH, Mr. GOLDMANof New York, Ms. HOYLEof Oregon, Mr.
T
AKANO, and Mr. MFUME) introduced the following bill; which was re-
ferred to the Committee on Oversight and Government Reform
A BILL
To amend title 5, United States Code, to achieve parity
between the cost-of-living adjustment with respect to an
annuity under the Federal Employees Retirement System
and an annuity under the Civil Service Retirement Sys-
tem, and for other purposes.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Equal COLA Act’’. 4
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•HR 491 IH
SEC. 2. INCREASE IN COLA FOR FERS ANNUITIES. 1
(a) I
NGENERAL.—Paragraph (1) of subsection (b) 2
of section 8462 of title 5, United States Code, is amended 3
to read as follows: 4
‘‘(1) Except as provided in subsection (c), effective 5
December 1 of each year, each annuity payable from the 6
Fund having a commencing date not later than such De-7
cember 1 shall be increased by the percent change in the 8
price index for the base quarter of such year over the price 9
index for the base quarter of the preceding year in which 10
an adjustment under this subsection was made, adjusted 11
to the nearest
1
⁄10of 1 percent.’’. 12
(b) A
PPLICATION.—The amendment made by sub-13
section (a) shall apply to— 14
(1) any cost-of-living adjustment under section 15
8462 of title 5, United States Code, made after the 16
date of the enactment of this Act; and 17
(2) any annuity covered by such section com-18
mencing before, on, or after such date. 19
Æ
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