Equal COLA Act
Key claim: The Equal COLA Act (S624) would equalize cost-of-living adjustments for federal retirees and was referred to the Senate Homeland Security and Governmental Affairs Committee.
Abstract
(S624 · 119th Congress) Latest action (2025-02-18): Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S1011)
Why this matters
Federal retiree COLAs currently differ between CSRS and FERS annuitants, with FERS retirees receiving diminished adjustments in higher-inflation years. The Equal COLA Act would eliminate that gap, materially affecting long-term retirement income for millions of federal workers and shaping employer-side (OPM/Treasury) obligations for the retirement trust funds. Status remains introductory — referred to committee with no action — so effects on workers and employers are prospective only.