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S. 471: Members of Congress Pension Opt Out Clarification Act

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S. 471: Members of Congress Pension Opt Out Clarification Act

117th Congress · introduced 2021-02-25 · Congress · Latest: Star Print ordered on the reported bill.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2021-02-25 · official record
  2. Who proposed it: Sen. Braun, Mike [R-IN] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Star Print ordered on the reported bill. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Members of Congress Pension Opt Out Clarification Act

Plain summary

Members of Congress Pension Opt Out Clarification Act This bill allows future Members of the House of Representatives to opt out of the Federal Employees Retirement System, an option currently available to Members of the House who began serving before September 30, 2003, and all Senators. In addition, it permits Members of Congress who opt out to continue to participate in the Thrift Savings Plan.

Congressional Research Service summary (Reported to Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Members of Congress Pension Opt Out Clarification Act

Source: Congressional Research Service summary (Reported to Senate)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Braun, Mike [R-IN] · 1 cosponsors

Cost estimate: CBO cost estimate: S. 471, Members of Congress Pension Opt Out Clarification Act (2022-07-21)

Cosponsors on this site

Rick Scott (R-FL)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-s471 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117