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Equal COLA Act

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 System, and for other purposes.

Introduced Feb 18, 2025

Latest action (Feb 18, 2025) Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S1011)

Referred to
Homeland Security and Governmental Affairs Committee
Policy area
Government Operations and Politics
Issues
Economy & Taxes
Legislative subjects (2)
Government employee pay, benefits, personnel managementInflation and prices

Summary
  • Modifies the cost-of-living adjustment (COLA) formula for Federal Employees Retirement System (FERS) annuities to achieve parity with the Civil Service Retirement System (CSRS).
  • Requires COLA adjustments to FERS annuities to be based on the annual change in the Consumer Price Index, effective each December 1.
  • Applies the new COLA calculation to adjustments made after the bill's enactment and to all FERS annuities, including those that commenced before enactment.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)
20 cosponsors

Actions (2)
  1. Feb 18, 2025 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S1011) · senate
  2. Feb 18, 2025 Introduced in Senate

More bills on these subjects (8)

Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).

  • HR 10184 — Consumer Financial Protection Accountability and Reform Act of 2026 (shares 2 subjects)
  • HR 7314 — Advancing Commonsense Policies Act (shares 2 subjects)
  • HR 3317 — Honoring Civil Servants Killed in the Line of Duty Act (shares 2 subjects)
  • S 2296 — National Defense Authorization Act for Fiscal Year 2026 (shares 2 subjects)
  • HR 491 — Equal COLA Act (shares 2 subjects)
  • HR 1 — An act to provide for reconciliation pursuant to title II of H. Con. Res. 14. (shares 2 subjects)
  • HR 185 — Responsible Legislating Act (shares 2 subjects)
  • HR 1654 — CUTS Act (shares 2 subjects)

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

  • HR 491 — Equal COLA Act · Introduced Sep 16, 2025 · Cong. 119 74%
  • S 511 — Protecting Taxpayers’ Wallets Act of 2025 · Introduced Feb 11, 2025 · Cong. 119 66%
  • S 76 — SMART Act of 2025 · Introduced Jan 13, 2025 · Cong. 119 66%
  • HR 4524 — Equity in Government Act · Introduced Jul 17, 2025 · Cong. 119 65%
  • S 662 — MERIT Act of 2025 · Introduced Feb 20, 2025 · Cong. 119 65%
  • S 2118 — Value Over Cost Act of 2025 · Introduced Jun 18, 2025 · Cong. 119 65%

Full text

IN THE SENATE OF THE UNITED STATES

February 18, 2025

Mr. Padilla (for himself, Mr. Van Hollen, Mr. Sanders, Mrs. Murray, Ms. Warren, Ms. Baldwin, Mr. King, Mr. Schatz, Mr. Blumenthal, Mr. Kaine, and Mr. Fetterman) introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs

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 System, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Equal COLA Act”.

SEC. 2. INCREASE IN COLA FOR FERS ANNUITIES.

(a) In General.—Section 8462(b)(1) of title 5, United States Code, is amended to read as follows:

“(b)(1) Except as provided in subsection (c), effective December 1 of each year, each annuity payable from the Fund having a commencing date not later than such December 1 shall be increased by the percent change in the price index for the base quarter of such year over the price index for the base quarter of the preceding year in which an adjustment under this subsection was made, adjusted to the nearest \1/ 10\ of 1 percent.”.

(b) Application.—The amendment made by subsection (a) shall apply to—

(1) any cost-of-living adjustment under section 8462 of title 5, United States Code, made after the date of enactment of this Act; and

(2) any annuity covered by section 8462 of title 5, United States Code, commencing before, on, or after the date of enactment of this Act. <all>

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