The Equal COLA Act aims to achieve parity in cost-of-living adjustments (COLAs) between annuities under the Federal Employees Retirement System (FERS) and the Civil Service Retirement System (CSRS). Currently, FERS annuities often receive a reduced COLA compared to CSRS annuities, especially when inflation is higher. This bill amends title 5 of the United States Code to ensure that FERS annuities receive the full annual percentage change in the price index , effectively removing the current tiered or capped COLA calculation for FERS retirees. The amendment would apply to all COLAs made after the bill's enactment and to all FERS annuities, regardless of their commencement date, providing a more equitable adjustment for federal retirees.