On January 16, Representative Gerry Connolly, D-VA-11, reintroduced the Equal COLA Act, H.R. 491, to provide Federal Employees Retiree System (FERS) employees full cost-of-living adjustments (COLAs) to their federal annuities. Currently, FERS retirees do not receive a full COLA when consumer prices increase by more than 2 percent. If consumer prices increase between 2 and ... Read more