Proposed Legislation Affecting Adjustments in the Annuity of a Retired Comptroller General

Comptrollers General and their survivors are apparently the only persons in the Federal service whose benefits are not adjusted to take into account cost-of-living increases. Senate Bill 3412 would provide for cost-of-living adjustments in a retired Comptroller General's annuity by an identical formula to that provided for annuitants under the Civil Service Retirement Act and would also authorize a cost-of-living adjustment for his survivors. This proposed amendment is needed to maintain the original compensation relationship of the Comptroller General and that of Federal judges and to correct current inequities in relation to other civil servants.