S 471 · 117th Congress · Congress
Members of Congress Pension Opt Out Clarification Act
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Star Print ordered on the reported bill.(2022-11-17)
Plain Language Summary
[AI summary unavailable — showing source text]
Members of Congress Pension Opt Out Clarification Act This bill allows future Members of the House of Representatives to opt out of the Federal Employees Retirement System, an option currently available to Members of the House who began serving before September 30, 2003, and all Senators. In addition, it permits Members of Congress who opt out to continue to participate in the Thrift Savings Plan.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeS. 471, Members of Congress Pension Opt Out Clarification Act
Jul 21, 2022As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on May 25, 2022
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office