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Pensions and Savings for Tribal School Educators

This act aims to provide teachers in tribally controlled schools with access to the federal retirement system and a savings plan. This means their retirement benefits will be similar to those received by other federal employees, potentially improving their financial security in old age.
Key points
Teachers in tribal schools will be eligible to join the Federal Employees Retirement System (FERS).
They will have the option to participate in the Thrift Savings Plan (TSP), allowing them to save additional funds for retirement.
The federal government, through the Bureau of Indian Affairs, will cover the employer contributions for these benefits.
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Additional Information
Print number: 118_HR_5669
Sponsor: Rep. Vasquez, Gabe [D-NM-2]
Process start date: 2023-09-21