Equal COLA Act (H.R. 491 / S. 624) would end “diet COLA” for CSRS retirees

A Reddit post highlights H.R. 491 and S. 624 (Equal COLA Act), legislation that would change how cost-of-living adjustments are calculated for Civil Service Retirement System (CSRS) annuitants by eliminating the reduced “diet COLA” formula. The bills are in the 119th Congress and would affect federal retirees’ annuity COLAs if enacted.