,,ii  #aag? ,,congress  #b;d ,session   
,s4 #dbba  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #af1 #bjbb,mr4    
,padilla 7= himself1 ,mrs4 ,murray1 ,mr4
 ,s&]s1 ,mr4 ,van ,holl51 & ,ms4 ,w>r57 
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,homel& ,security & ,gov]nm5tal ,affairs
  ,a ,,bill  ,to am5d title #e1 ,unit$  
,/ates ,code1 to a*ieve p>ity betwe5 !  
co/-(-liv+ adju/m5t ) respect to an     
annuity "u ! ,f$]al ,employees          
,retirem5t ,sy/em & an annuity "u !     
,civil ,s]vice ,retirem5t ,sy/em1 & =   
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,equal ,,cola ,act4    
#b4 ,increase 9 ,,cola = ,,f]s annuities
  7a7 ,9 g5]al ,section #hdfb ( title   
#e1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7
 9 subsection 7a7-- 7,a7 9 p>agraph     
7#a71 by add+ & at ! end2  7,b7 9       
p>agraph 7#b71 by /rik+ 2 & & ins]t+ a  
p]iod2 &  7,c7 by /rik+ p>agraph 7#c72 &
  7#b7 by am5d+ subsection 7b77#a7 to   
read z foll[s3  7b7 7#a7 ,except z      

provid$ 9 subsection 7c71 effective     
,decemb] #a ( ea* ye>1 ea* annuity      
payable f ! ,fund hav+ a comm5c+ date n 
lat] ?an su* ,decemb] #a %all be        
increas$ by ! p]c5t *ange 9 ! price     
index = ! base qu>t] ( su* ye> ov] !    
price index = ! base qu>t] ( ! prec$+   
ye> 9 :i* an adju/m5t "u ?is subsection 
0 made1 adju/$ to ! ne>e/ #a_/aj ( #a   
p]c5t4  4  7b7 ,effective date ,!       
am5dm5ts made by subsection 7a7 %all    
take effect on ! date t is #ij days aft]
 ! date ( enactm5t ( ?is ,act4  7c7     
,application ,! am5dm5ts made by        
subsection 7a7 %all apply to-- 7#a7 any 
co/-(-liv+ adju/m5t "u section #hdfb (  
title #e1 ,unit$ ,/ates ,code1 made aft]
 ! effective date describ$ 9 subsection 
7b72 &  7#b7 any annuity cov]$ by       
section #hdfb ( title #e1 ,unit$ ,/ates 
,code1 comm5c+ be=e1 on1 or aft] !      
effective date describ$ 9 subsection    
7b74