Submitted by William Gleaves
Dear Editor,
As a federal retiree under the Federal Employees Retirement System (FERS), I am writing to bring light to fair cost-of-living adjustments. Currently, there is a significant disparity in cost-of-living adjustments (COLAs) between retirees under FERS and those under the Civil Service Retirement System (CSRS), resulting in unfair differences in retirement benefits.
The cost of living affects all retirees equally, yet FERS retirees receive smaller COLAs compared to our CSRS counterparts. This inequity undermines our financial security and erodes the value of the benefits we earned through years of dedicated public service. The Equal COLA Act will correct this imbalance by providing the same COLA to all federal retirees, ensuring we can maintain our purchasing power and live with dignity.
As inflation and living costs continue to rise, it is more important than ever to ensure that all retirees receive fair and equitable adjustments to their benefits. This legislation is a necessary step toward correcting an unfair system and honoring the service of those who dedicated their careers to the federal government.
Sincerely,
William Gleaves
billygoat404@gmail.com
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