S 26 · in committee · significant
A bill to exclude locality adjustments from average pay for purposes of computing the amount of retirement annuities of new employees.
- government reform
What this bill does
- This bill excludes locality pay adjustments from retirement benefit calculations for new federal employees.
- New employees in the Federal Employees' Retirement System are affected by this change.
- The bill reduces retirement payouts by not counting geographic pay supplements in the annuity calculation.
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Community Threads
Started by Cosponsor
- 01
How would excluding locality pay from retirement calculations affect federal employees recruited to high-cost areas like San Francisco or Washington D.C.?
- 02
What fiscal savings does the government expect from reducing retirement payouts, and how would those savings compare to potential recruitment challenges?
- 03
Should geographic pay differences be treated differently in retirement benefits than in current salaries, and what's the reasoning for that distinction?
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Sponsor · R-LA
Bill Cassidy
Citizen cosponsors
0
In Congress
0/ 100
Senators cosponsoring
Introduced 2025-01-07
Legislative timeline
2025-01-07 · senate · IntroReferral
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
2025-01-07 · IntroReferral
Introduced in Senate
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