S 2335 — Pensions for All Act

Bill Text

• Introduced Introduced in Senate Current html July 17, 2025

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill mandates that all employers must provide a retirement program matching or opting into the Federal Employees Retirement System (FERS), affecting definitions and provisions related to employee and employer roles in retirement plans.

• 5 U.S.C. § 8401

  the term "basic pay" has the meaning given such term by section 8331(3); → the term `basic pay'--(A) except as provided in subparagraph (B), has the meaning given such term by section 8331(3); and (B) with respect to a covered self-employed individual, means the annual income of the covered self-employed individual that is attributable to the activities of the individual as a covered self-employed individual;

  This change modifies the definition of "basic pay" to include specific provisions for self-employed individuals, clarifying how their income is measured.

• 5 U.S.C. § 8401

  (D) an individual who is--(i) a covered non-Federal employee; or (ii) a covered self-employed individual;

  This addition expands the definition of "employee" to include covered non-Federal employees and self-employed individuals.

• 5 U.S.C. § 8401

  civilian service → service in a position described in subparagraph (A), (B), (C), or (D);

  This change broadens the scope of eligible service for benefits by replacing the term "civilian service" with a more inclusive phrase.

• 5 U.S.C. § 8410

  civilian service → service as an employee or a Member

  This amendment modifies the eligibility criteria for an annuity to include a broader definition of service.

• 5 U.S.C. § 8411(b)

  subject to paragraphs (7) and (8),

  This insertion introduces conditional crediting of employment, making it clear that new provisions apply.

• 5 U.S.C. § 8411(b)

  (7) a period of service as a covered non-Federal employee performed after the date of enactment of this paragraph; and (8) a period during which an individual is a covered self-employed individual that occurs after the date of enactment of this paragraph;

  These additions allow periods of service for non-Federal employees and self-employed individuals to count towards creditable service.

• 5 U.S.C. § 8422(a)

  The employing agency → Subject to paragraph (4), the employing agency

  This change specifies conditions for employer contributions, particularly in relation to non-Federal employers.

• 5 U.S.C. § 8422(a)

  (4)(A) A covered non-Federal employer shall deduct and withhold from the basic pay of each covered non-Federal employee ...

  This amendment establishes mandatory contributions from covered non-Federal employers for their employees.

• 5 U.S.C. § 8422(a)

  (B) For a covered self-employed individual, ... shall be deemed to be deducted and withheld from the basic pay ...

  This grants provisions for self-employed individuals akin to those for employees in terms of contributions.

• 5 U.S.C. § 8423(a)

  subject to paragraph (4), each covered non-Federal employer and each covered self-employed individual,

  This mandates contributions from non-Federal employers and self-employed individuals to the retirement fund.

• 5 U.S.C. § 8412a(c)(5)(A)

  creditable civilian service → other service that is creditable under this chapter

  This change broadens the definition of creditable service to include various types of service beyond civilian.

Action History

1. July 17, 2025

   Introduced in Senate

2. July 17, 2025

   Read twice and referred to the Committee on Finance.

Sponsors

• Bernard Sanders · Primary

Subjects