SB 24 IN

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Establishes a board to design, establish, and operate a state administered retirement program (program) that automatically enrolls specified private sector employees. Requires program compliance by certain employers that have not, in the previous two calendar years, offered a qualified retirement plan to employees. Specifies the powers and duties of the board. Specifies program requirements, including default contribution levels and program fees. Requires the board to contract with investment managers, private financial institutions, or other service providers to invest money and administer the program. Limits the liability of particular parties associated with the program. Specifies board requirements for disclosure, audits, and reports. Requires the board to adopt certain rules. Makes an appropriation.

• Vaneta Becker Republican · author
• Susan Glick Republican · author
• Jean Leising Republican · author

1. Dec 8, 2025 Authored by Senators Becker, Glick, Leising · upper
2. Dec 8, 2025 First reading: referred to Committee on Appropriations · upper
3. Dec 8, 2025 Senator Hunley added as coauthor · upper
4. Dec 11, 2025 Senator Ford J.D. added as coauthor · upper
5. Dec 11, 2025 Senators Crider, Charbonneau added as coauthors · upper