Saturday, February 25, 2023

Another 'pretend' attempt to provide equality and equity between FERS and CSRS COLA standardization

Article Title: Lawmakers Try Again to Standardize Cost of Living Raises for Federal Retirees
Snippet of Article: "Federal employee groups have long decried the fact that retirees enrolled in the Federal Employees Retirement System receive lower annual annuity adjustments than their peers. ...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."


Source: www.govexec.com

[tag] CSRS vs FERS, COLA Discrimination, [/tag]