Iam a retired federal employee writing to raise public awareness about the Equal COLA Act, H.R. 491/ S. 624, which would provide more equitable annual cost-of-living-adjustments (COLAs) for Social Security beneficiaries, federal annuitants and veterans under the Federal Employees Retirement System (FERS).

The legislation would bring much-needed financial relief to millions of seniors across the country.

Under the Equal COLA Act, FERS retirees would receive full COLAs in line with the Civil Service Retirement System (CSRS) and Social Security beneficiary’s annual COLA adjustments, instead of the current system which caps their adjustments. This unfairly leaves FERS retirees’ annuities vulnerable to the impacts of inflation, and, in times of high inflation for retirees on fixed monthly inc

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