H.R. 491, also known as the "Equal COLA Act," proposes changes to United States Code title 5. The bill aims to ensure fairness in the cost-of-living adjustments (COLA) between two types of federal retirement systems—Federal Employees Retirement System (FERS) and Civil Service...
Simple Explanation
The bill wants to make sure that people who worked for the government and are now retired get the same extra money each year to help pay for things that get more expensive. It wants to make this process clearer and more fair for everyone.