KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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SB10 • 2026

A BILL FOR AN ACT to amend the Indiana Code concerning pensions.

A BILL FOR AN ACT to amend the Indiana Code concerning pensions.

Budget Healthcare Labor
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Senator Linda Rogers
Last action
2026-02-12
Official status
Senate Bill (H)
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific conditions under which the retiree health benefit trust can be terminated, leaving this detail uncertain.

Indiana State Employee Retirement Benefits Act

This act changes Indiana state employees' retirement benefits, including matching contributions from the state and new rules for health benefit trusts.

What This Bill Does

  • Requires the state to match each state employee's deferred compensation contributions after December 31, 2026, up to $28 per paycheck.
  • Allows the budget agency to suspend or resume these matching contributions in certain situations and make up for missed payments later.
  • Specifies that after December 31, 2026, state employees' membership in the retirement medical benefits account will end unless they choose to stay within a specific timeframe.
  • Establishes a new retiree health benefit trust fund that can be terminated under certain conditions.

Who It Names or Affects

  • Indiana state employees who contribute to deferred compensation plans and those involved with the retirement medical benefits account.

Terms To Know

deferred compensation
Money that an employee sets aside from their paycheck for future use, often as part of a retirement plan.
retirement medical benefits account
A fund set up to provide health care benefits to retired state employees.

Limits and Unknowns

  • The bill does not specify what happens if the state cannot afford to make matching contributions.
  • It is unclear how many state employees will be affected by changes to the retirement medical benefits account.
  • Details about when and under what conditions the retiree health benefit trust fund can be terminated are not fully explained.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

SB0010.01.INTR.AMS02

Committee Introduced Senate Bill (S) • Senator Linda Rogers

Filed

Plain English: This amendment changes the Indiana Code to adjust certain aspects of state employee retirement benefits.

  • Modifies provisions related to state employee pensions.
  • The specific details and impacts of the modifications are not provided in the given text, making it unclear exactly what changes will be made to the pension system for state employees.
SB0010.02.COMS.AMS07

Committee Senate Bill (S) • Senator Ryan Mishler

Filed

Plain English: This amendment changes the Indiana Code to allow public employees who retire early due to a disability to receive their full pension benefit immediately.

  • Allows public employees retiring early because of a disability to get their full pension right away instead of waiting.
  • The exact details on how this change will be implemented and its financial impact are not provided in the amendment text.
SB0010.03.COMS.AMS001

Filed Senate Bill (S) • Senator Linda Rogers

Passed

Plain English: This amendment changes the Indiana Code to allow certain public pension plans to offer a new type of benefit option.

  • Adds a provision allowing specific public pension plans to provide an optional benefit that can be chosen by participants.
  • The official text does not specify which public pension plans or what kind of new benefit options will be available, making it hard to explain the full impact.

Bill History

  1. 2026-02-12 House

    Committee report: do pass, adopted

  2. 2026-02-12 House

    Representatives VanNatter, Moseley added as cosponsors

  3. 2026-02-12 House

    Recommitted to Committee on Ways and Means pursuant to House Rule 126.3

  4. 2026-02-02 House

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

  5. 2026-01-29 Senate

    Referred to the House

  6. 2026-01-28 Senate

    Third reading: passed; Roll Call 117: yeas 47, nays 0

  7. 2026-01-28 Senate

    House sponsor: Representative Lopez

  8. 2026-01-28 Senate

    Cosponsor: Representative Jordan

  9. 2026-01-27 Senate

    Second reading: amended, ordered engrossed

  10. 2026-01-27 Senate

    Amendment #1 (Rogers) prevailed; voice vote

  11. 2026-01-22 Senate

    Committee report: amend do pass, adopted

  12. 2026-01-22 Senate

    Senator Randolph added as coauthor

  13. 2025-12-10 Senate

    Committee report: amend do pass adopted; reassigned to Committee on Appropriations

  14. 2025-12-10 Senate

    Senator Doriot added as coauthor

  15. 2025-12-09 Senate

    Senator Hunley added as coauthor

  16. 2025-12-08 Senate

    Authored by Senators Rogers, Buchanan, Niezgodski

  17. 2025-12-08 Senate

    First reading: referred to Committee on Pensions and Labor

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning pensions.
State employee retirement benefits.

Current Bill Text

Read the full stored bill text 
A BILL FOR AN ACT to amend the Indiana Code concerning pensions.

State employee retirement benefits.

Requires the state to make contributions after December 31, 2026, that match, dollar for dollar, each state employee's deferred compensation contributions, not to exceed $28 per paycheck. Specifies limitations on state contributions, including the availability of biennial appropriations. Allows in certain circumstances the budget agency to suspend contributions, resume contributions, and make contributions that were missed due to suspension. Specifies a process by which portions of the funding sources for the retirement medical benefits account must be transferred to the state comptroller for the purpose of making matching contributions. Provides as a default rule that after December 31, 2026, each participant's membership in the retirement medical benefits account is terminated, participant subaccounts are forfeited, and subaccount amounts must be transferred to the state general fund. Specifies exceptions. Requires the state comptroller to transfer certain amounts from the state general fund to each participant's defined contribution plan. Specifies a time frame within which a participant in the retirement medical benefits account may elect to remain a participant. Establishes the 2027 retiree health benefit trust. Provides that the retiree health benefit trust fund will be terminated when certain conditions are met. (The introduced version of this bill was prepared by the interim study committee on pension management oversight.)