Please share this article with other FERS employees. FERS employees get 1% less than CSRS retirees in 2023 due to discrimanatory calculation differences. This makes a huge difference over your retirement years as the difference continues to grow exponentially over time. This is your opportunity to take 5 minutes to hopefully alter your future in a positive manner. Take Action Now!
H.R. 866 | Equal COLA Act
Snippet of Article:Call or write congress on H.R. 866 "H.R. 866: To amend title 5, United States Code, to achieve parity between the cost-of-living adjustment with respect to an annuity under the Federal Employees Retirement System and an annuity under the Civil Service Retirement System, and for other purposes. ...Call or write congress on H.R. 866"
Source: www.govtrack.usMore Reading: Difference in CSRS COLA vs FERS COLA in 2023: For the year 2023, annuitants who retired under CSRS will receive 8.7 percent increase and those who retired under FERS will receive a 7.7 percent increase. The rate varies each year.
