Indiana 2020 Regular Session Status: Enacted Bipartisan · 3 R · 3 D cosponsors

SB 10 — Pension matters.

Last action — Public Law 51

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 06, 2020. Enacted.

Prognosis

Likely to advance 78% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 10 sponsors

    3 primary, 7 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (3 R · 3 D) — cross-party backing.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Provides that a member of the public employees' retirement fund (PERF), the Indiana state teachers' retirement fund (TRF), or the legislators' defined contribution plan who meets certain age and service requirements may withdraw all or part of the amount in the member's annuity savings account without consequence to the member's pension benefit under the fund and without separating from a covered position. Removes the requirement that a member of PERF, TRF, or the legislators' defined contribution plan wait 30 days after separating from a covered position to withdraw an amount from the member's annuity saving account. Provides that the board of trustees of the Indiana public retirement system may offer members an alternative option for the payment of the member's retirement benefits that does not include a minimum benefit option. (The introduced version of this bill was prepared by the interim study committee on pension management oversight.)

Bill Text

We don't have the full text on file for this bill yet.

Read SB 10 on the official Indiana source →

Action History

  1. Public Law 51

  2. Signed by the Governor

  3. Signed by the President of the Senate

  4. Signed by the Speaker

  5. Signed by the President Pro Tempore

  6. Conference Committee Report 1: adopted by the Senate; Roll Call 351: yeas 50, nays 0

  7. Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 342: yeas 93, nays 0

  8. CCR # 1 filed in the Senate

  9. CCR # 1 filed in the House

  10. House advisors appointed: VanNatter, Lyness, Beck and Deal

  11. House conferees appointed: Burton and Moseley

  12. Senate advisors appointed: Doriot, Niezgodski and Garten

  13. Senate conferees appointed: Boots and Tallian

  14. Senate dissented from House amendments

  15. Motion to dissent filed

  16. Returned to the Senate with amendments

  17. Representative Moseley added as cosponsor

  18. Third reading: passed; Roll Call 219: yeas 91, nays 0

  19. Second reading: amended, ordered engrossed

  20. Amendment #2 (Burton) prevailed; voice vote

  21. Representative VanNatter added as cosponsor

  22. Committee report: amend do pass, adopted

  23. First reading: referred to Committee on Employment, Labor and Pensions

  24. Referred to the House

  25. Senator Tallian added as coauthor

  26. Senator Randolph added as coauthor

  27. House sponsor: Representative Burton

  28. Third reading: passed; Roll Call 10: yeas 49, nays 0

  29. Second reading: ordered engrossed

  30. Senators Garten, Ford J.D., Niezgodski added as coauthors

  31. Senator Doriot added as second author

  32. Committee report: do pass, adopted

  33. First reading: referred to Committee on Pensions and Labor

  34. Authored by Senator Boots

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

3 sponsors · 7 co-sponsors · 140 not signed on

Sponsors (3)

Co-sponsors (7)

Not signed on (140)

140 members have not signed on to this bill.

Show all 140 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance labor education
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 10 do?
Provides that a member of the public employees' retirement fund (PERF), the Indiana state teachers' retirement fund (TRF), or the legislators' defined contribution plan who meets certain age and service requirements may withdraw all or part of the amount in the member's annuity savings account without consequence to the member's pension benefit under the fund and without separating from a covered position. Removes the requirement that a member of PERF, TRF, or the legislators' defined contribution plan wait 30 days after separating from a covered position to withdraw an amount from the member's annuity saving account. Provides that the board of trustees of the Indiana public retirement system may offer members an alternative option for the payment of the member's retirement benefits that does not include a minimum benefit option. (The introduced version of this bill was prepared by the interim study committee on pension management oversight.)
Who sponsors SB 10?
SB 10 is sponsored by Chuck Moseley, Heath VanNatter (Republican), Woody Burton, Karen Tallian, Lonnie Randolph (Democrat), David Niezgodski (Democrat), J.D. Ford (Democrat), Chris Garten (Republican), Blake Doriot (Republican), and Philip Boots.
What is the current status of SB 10?
This bill has been enacted into law. Introduced January 06, 2020. Enacted.
Where can I track SB 10?
Track SB 10 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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