HR4926-118

Introduced

To allow Members of Congress to opt out of the Federal Employees Retirement System, and allow Members who opt out of the Federal Employees Retirement System to continue to participate in the Thrift Savings Plan.

118th Congress Introduced Jul 26, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To allow Members of Congress to opt out of the Federal Employees Retirement System, and allow Members who opt out of the Federal Employees Retirement System to continue to participate in the Thrift Savings Plan., changes federal law or congressional policy affecting workers, employers, and labor regulators. The main policy domain is Labor, Government Operations.

Who Benefits and How

workers, employers, and labor regulators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, workers, employers, and labor regulators may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H192CC9E5A4E14A249D05233DEF299D85: 1. Short title This Act may be cited as the Members of Congress Pension Opt Out Clarification Act.
  • Section H01CF52F2D2C54D948F2BCCF3A883294D: 2. Making FERS optional for Members Section 8401(20) of title 5, United States Code, is amended by striking , and who (in the case and all that follows through...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.

At a Glance

What This Bill Does

This bill, To allow Members of Congress to opt out of the Federal Employees Retirement System, and allow Members who opt out of the Federal Employees Retirement System to continue to participate in the Thrift Savings Plan., changes federal law or congressional policy affecting workers, employers, and labor regulators.

Key Policy Areas

Labor, Government Operations

Primary Purpose

This bill, To allow Members of Congress to opt out of the Federal Employees Retirement System, and allow Members who opt out of the Federal Employees Retirement System to continue to participate in the Thrift Savings Plan., changes federal law or congressional policy affecting workers, employers, and labor regulators.

Policy Domains

Labor Government Operations

Whole bill

Identified Gains
Contextual inference, no direct clause citation
  • workers, employers, and labor regulators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • federal implementing agencies
  • workers, employers, and labor regulators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Legislative Progress

Introduced
Introduced Committee Passed
Jul 26, 2023

Mr. Massie introduced the following bill; which was referred to …

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Labor Government Operations
Actor Mappings
"the_commission"
→ The commission identified in the operative section

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology