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Congress Members: Optional Retirement System and Savings Plan Participation

This act allows new members of Congress to opt out of the federal retirement system. At the same time, these individuals will still be able to participate in the savings plan available to federal employees. These changes provide greater flexibility in managing future retirement benefits for elected officials.
Key points
New Members of the House of Representatives (including Delegates) can choose not to participate in the Federal Employees Retirement System (FERS).
Members of Congress who opt out of FERS can still contribute to their Thrift Savings Plan (TSP) accounts.
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Status:
Expired
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Additional Information
Members of Congress Pension Opt Out Clarification Act
Print number: HR 4926
Sponsor: Rep. Massie, Thomas [R-KY-4]
Process start date: 2023-07-26
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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Summary & Status

Key Questions about Congress Members: Optional Retirement System and Savings Plan Participation

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is HR 4926.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-07-26.

What are the main provisions?

Key points include:

  • New Members of the House of Representatives (including Delegates) can choose not to participate in the Federal Employees Retirement System (FERS).
  • Members of Congress who opt out of FERS can still contribute to their Thrift Savings Plan (TSP) accounts.

What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Massie, Thomas [R-KY-4].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

Analysis and Potential Impact of HR 4926

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

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Benefits Labor