Senate Bill

SB 10

State employee retirement benefits.

In plain English

Requires the state, after December 31, 2026, to match each state employee's deferred compensation contributions dollar for dollar, up to $28 per paycheck. Ends participants' membership in the retirement medical benefits account after that date by default, with exceptions and a time frame to choose to stay, and moves forfeited subaccount amounts to the state general fund. Creates the 2027 retiree health benefit trust and makes other changes.

Written by AI from the official digest below, and checked only by automated rules. If they differ, the official digest and bill text control.

Official digest

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.)

Latest action: Recommitted to Committee on Ways and Means pursuant to House Rule 126.3, February 12, 2026Full text and history at iga.in.gov

Authors and sponsors

Linda Rogers, Brian Buchanan, David Niezgodski, Danny Lopez

Co-authors and co-sponsors: Andrea Hunley, Blake Doriot, Lonnie Randolph, Jack Jordan, Heath VanNatter, Chuck Moseley

Roll-call votes

1 recorded vote, oldest first. Third-reading votes decide whether a bill passes a chamber; amendment votes and procedural motions are listed too.

Senate · Jan 28, 2026

Third reading: vote to pass

Roll call text: SB 10 - Rogers - 3rd Reading

Passed

47 yes0 no2 did not vote

Republicans: 38 yes, 0 no, 1 did not voteDemocrats: 9 yes, 0 no, 1 did not vote

How each member voted

Source: Open States, compiled from the Indiana General Assembly's official roll calls. The official record at iga.in.gov controls. Spot an error? Let us know.