SB 10 IN

0likes☆Favorite🔕SubscribeShare

Passed One Chamber

Requires the state to make contributions after December 31, 2026, that match, dollar for dollar, each state employee's deferred compensation contributions, not to exceed $28 per paycheck. Specifies limitations on state contributions, including the availability of biennial appropriations. Allows in certain circumstances the budget agency to suspend contributions, resume contributions, and make contributions that were missed due to suspension. Specifies a process by which portions of the funding sources for the retirement medical benefits account must be transferred to the state comptroller for the purpose of making matching contributions. Provides as a default rule that after December 31, 2026, each participant's membership in the retirement medical benefits account is terminated, participant subaccounts are forfeited, and subaccount amounts must be transferred to the state general fund. Specifies exceptions. Requires the state comptroller to transfer certain amounts from the state general fund to each participant's defined contribution plan. Specifies a time frame within which a participant in the retirement medical benefits account may elect to remain a participant. Establishes the 2027 retiree health benefit trust. Provides that the retiree health benefit trust fund will be terminated when certain conditions are met. (The introduced version of this bill was prepared by the interim study committee on pension management oversight.)

• Linda Rogers Republican · author
• Brian Buchanan Republican · author
• David Niezgodski Democratic · author
• Danny Lopez Republican · sponsor

1. Dec 8, 2025 First reading: referred to Committee on Pensions and Labor · upper
2. Dec 8, 2025 Authored by Senators Rogers, Buchanan, Niezgodski · upper
3. Dec 9, 2025 Senator Hunley added as coauthor · upper
4. Dec 10, 2025 Committee report: amend do pass adopted; reassigned to Committee on Appropriations · upper
5. Dec 10, 2025 Senator Doriot added as coauthor · upper
6. Jan 22, 2026 Committee report: amend do pass, adopted · upper
7. Jan 22, 2026 Senator Randolph added as coauthor · upper
8. Jan 27, 2026 Second reading: amended, ordered engrossed · upper
9. Jan 27, 2026 Amendment #1 (Rogers) prevailed; voice vote · upper
10. Jan 28, 2026 Cosponsor: Representative Jordan · upper
11. Jan 28, 2026 Third reading: passed; Roll Call 117: yeas 47, nays 0 · upper
12. Jan 28, 2026 House sponsor: Representative Lopez · upper
13. Jan 29, 2026 Referred to the House · upper
14. Feb 2, 2026 First reading: referred to Committee on Employment, Labor and Pensions · lower
15. Feb 12, 2026 Representatives VanNatter, Moseley added as cosponsors · lower
16. Feb 12, 2026 Committee report: do pass, adopted · lower
17. Feb 12, 2026 Recommitted to Committee on Ways and Means pursuant to House Rule 126.3 · lower