HR 491 United States House · 119th Congress

Equal COLA Act

Summary
Equal COLA Act This bill applies a cost-of-living adjustment (COLA) for annuities paid under the Federal Employees Retirement System that is equal to the increase in inflation, regardless of the amount of the increase. Specifically, for any year in which the Consumer Price Index (CPI) has increased over the previous year, the COLA amount shall be increased by the change in the CPI from the previous year.  Current law applies an adjustment equal to the change in CPI only if the change is 2% or less. If the change is between 2% and 3%, the adjustment is limited to 2%. If the change is more than 3%, the adjustment is limited to 1% less than the change.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
President
Introduced Jan 16, 2025 Last action Sep 16, 2025
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Sep 16, 2025
Introduced
ASSUMING FIRST SPONSORSHIP - Mr. Walkinshaw asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 491, a bill originally introduced by Representative Connolly, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
lower
Jan 16, 2025
Committee
Referred to the House Committee on Oversight and Government Reform.
lower
Jan 16, 2025
Introduced
Introduced in House
lower
1 primary · 87 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Gerald E. Connolly
Gerald E. Connolly
DDemocratic
VA
11
Co
Photo of Alexandria Ocasio-Cortez
Alexandria Ocasio-Cortez
DDemocratic
NY
14
Co
Photo of Alma S. Adams
Alma S. Adams
DDemocratic
NC
12
Co
Photo of Andrea Salinas
Andrea Salinas
DDemocratic
OR
6
Co
Photo of Angie Craig
Angie Craig
DDemocratic
MN
2
Co
Photo of April McClain Delaney
April McClain Delaney
DDemocratic
MD
6
Co
Photo of Becca Balint
Becca Balint
DDemocratic
VT
At-Large
Co
Photo of Brendan F. Boyle
Brendan F. Boyle
DDemocratic
PA
2
Co
Photo of Brian K. Fitzpatrick
Brian K. Fitzpatrick
RRepublican
PA
1
Co
Photo of Brittany Pettersen
Brittany Pettersen
DDemocratic
CO
7
Co
Photo of Chellie Pingree
Chellie Pingree
DDemocratic
ME
1