Federal Managers Association
In the News
- Lawmakers Try Again to Standardize Cost of Living Raises for Federal Retirees - February 9, 2023
By Erich Wagner, Government Executive
Rep. Gerry Connolly, D-Va., on Wednesday reintroduced legislation that would standardize the annual increase in annuity payments that retired federal workers receive across the government’s two primary pension systems.
The Equal COLA Act would ensure that federal retirees in the Federal Employees Retirement System and the Civil Service Retirement System both receive the same annual percentage cost of living increase each year.
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