Federal Managers Association

In the News

• Senate version of bill to standardize retiree COLAs emerges - November 8, 2023

• By Erich Wagner, Government Executive

  Sen. Alex Padilla, D-Calif., last week reintroduced legislation that would standardize the annual increase in annuity payments that federal workers receive across the government’s two main pension systems.
  
  The Equal COLA Act (S. 3194) would ensure that retirees enrolled in the Federal Employees Retirement System and the Civil Service Retirement System both receive the same annual cost-of-living increase each year.

  To read the full article, click here.

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