IN SB 14

enacted

Pension matters.

Indiana · 2026 Regular Session (2nd Regular Session, 124th General Assembly) · upper

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Quick answers

Did IN SB 14 pass?

Yes. IN SB 14 has been enacted into law. Latest recorded action (2026-03-05): Public Law 104

What is IN SB 14 about?

Modifies the definition of "average of the annual compensation" for a member of the public employees' retirement fund (PERF) who retires after December 31, 2027. Specifies that compensation received in contemplation of retirement is excluded from the average of the annual compensation for particular members of PERF and the Indiana state teachers' retirement fund (TRF). Repeals a provision requiring the board of trustees of the Indiana public retirement system (board) to maintain separate accounts for each unit of local government. Provides that amounts forfeited under the public employees defined contribution plan must be used as determined by the board. Specifies a process by which a fully vested member of the public employees' defined contribution plan or the teachers' defined contribution plan may irrevocably elect to participate in PERF or TRF, as applicable. Modifies the information that must be included in a delinquency notice to a delinquent political subdivision. Modifies the requirements that apply to certain PERF members purchasing and claiming years of service credit in PERF. Allows, subject to particular requirements, certain TRF members to purchase and claim years of service credit in TRF. Allows a PERF or TRF member's employer to pay all or part of the member's contributions required for purchase of service credit. Allows a wage assignment to be made for the purpose of paying voluntary contributions of an employee of a political subdivision to a tax deferred retirement account. Provides that a municipality, a unit, an airport authority, a school corporation, or a charter school may require certain members of PERF to continue as members of that fund instead of the 1977 police officers' and firefighters' pension and disability fund (1977 fund). Requires, subject to certain limitations, 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 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. 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. Increases the lump sum death benefit payable to the heirs or estate of a 1977 fund member. (The introduced version of this bill was prepared by the interim study committee on pension management oversight.)

Who sponsors IN SB 14?

Jake Teshka, David Niezgodski, Brian Buchanan and 1 others are the primary sponsors of IN SB 14, joined by 6 cosponsors.

Description

Introduced: —
Latest action: 2026-03-05 — Public Law 104
Bill type: bill
Last updated: —

Subjects

Committees

Not provided by source.

Action timeline

Newest first

2026-03-05
Public Law 104
became-law
2026-03-05
Signed by the Governor
executive-signature
2026-02-27
Signed by the Speaker
passage
2026-02-27
Signed by the President Pro Tempore
passage
2026-02-27
Signed by the President of the Senate
passage
2026-02-27
CCR # 1 filed in the Senate
filing
2026-02-27
CCR # 1 filed in the House
filing
2026-02-27
Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 410: yeas 95, nays 0
2026-02-27
Rules Suspended. Conference Committee Report 1: adopted by the Senate; Roll Call 314: yeas 49, nays 0
2026-02-24
House advisors appointed: Isa, Jordan, Moseley
2026-02-24
House conferees appointed: Teshka, Garcia Wilburn
2026-02-23
Motion to dissent filed
filing
2026-02-23
Senate advisors appointed: Hunley, Buchanan
2026-02-23
Senate conferees appointed: Rogers, Niezgodski
2026-02-23
Senate dissented from House amendments
2026-02-18
Returned to the Senate with amendments
receipt
2026-02-17
Third reading: passed; Roll Call 260: yeas 90, nays 0
passage,reading-3,reading-3
2026-02-16
Second reading: ordered engrossed
reading-2
2026-02-12
Committee report: amend do pass, adopted
committee-passage
2026-01-20
First reading: referred to Committee on Employment, Labor and Pensions
reading-1,referral-committee
2026-01-09
Referred to the House
referral
2026-01-06
Senator Alexander added as coauthor
2026-01-06
Senator Doriot added as coauthor
2026-01-06
Senator Yoder added as coauthor
2026-01-06
House sponsor: Representative Teshka
2026-01-06
Third reading: passed; Roll Call 12: yeas 49, nays 0
passage,reading-3,reading-3
2026-01-06
Cosponsors: Representatives VanNatter, Garcia Wilburn, Isa
2026-01-05
Amendment #1 (Rogers) prevailed; voice vote
amendment-passage
2026-01-05
Second reading: amended, ordered engrossed
reading-2
2025-12-10
Committee report: do pass, adopted
committee-passage
2025-12-08
Authored by Senators Rogers, Buchanan, Niezgodski
2025-12-08
First reading: referred to Committee on Pensions and Labor
reading-1,referral-committee

Versions

Introduced Senate Bill (S)Compare
Engrossed Senate Bill (H)Compare
Senate Bill (S)Compare
Enrolled Senate Bill (S)Compare
(document, no version)Compare

Documents

Votes

SB 14 - Rogers - 3rd Reading
2026-01-06 · pass · 49-0
Member-level votes (50)
- Alexander: yes
- Clark: yes
- Hunley: yes
- Rogers: yes
- Alting: yes
- Crider: yes
- Jackson, L: yes
- Schmitt: yes
- Baldwin: yes
- Deery: yes
- Johnson: yes
- Spencer: yes
- Becker: yes
- Dernulc: yes
- Koch: yes
- Taylor: yes
- Bohacek: yes
- Donato: yes
- Leising: yes
- Tomes: yes
- Bray: yes
- Doriot: yes
- Maxwell: yes
- Walker G: yes
- Brown: yes
- Ford J.D.: yes
- Mishler: yes
- Walker K: yes
- Buchanan: yes
- Freeman: yes
- Niemeyer: yes
- Yoder: yes
- Buck: yes
- Garten: yes
- Niezgodski: yes
- Young: yes
- Busch: yes
- Gaskill: yes
- Pol: yes
- Zay: yes
- Byrne: yes
- Glick: yes
- Qaddoura: yes
- Carrasco: yes
- Goode: yes
- Raatz: yes
- Charbonneau: yes
- Holdman: yes
- Randolph: yes
- Bassler: excused
SB 14 - Teshka - 3rd Reading
2026-02-17 · pass · 90-0
Member-level votes (100)
- Abbott: yes
- Errington: yes
- Ledbetter: yes
- Pierce, K: yes
- Andrade: yes
- Garcia Wilburn: yes
- Lehman: yes
- Pierce, M: yes
- Aylesworth: yes
- Genda: yes
- Lindauer: yes
- Porter: yes
- Baird: yes
- GiaQuinta: yes
- Lopez: yes
- Prescott: yes
- Bartels: yes
- Goss-Reaves: yes
- Lucas: yes
- Pressel: yes
- Bartlett: yes
- Greene: yes
- Manning: yes
- Pryor: yes
- Bascom: yes
- Haggard: yes
- May: yes
- Rowray: yes
- Bauer: yes
- Hall: yes
- Mayfield: yes
- Shackleford: yes
- Behning: yes
- Hamilton: yes
- McGuire: yes
- Slager: yes
- Borders: yes
- Harris: yes
- McNamara: yes
- Smaltz: yes
- Burton: yes
- Hatcher: yes
- Meltzer: yes
- Smith, H: yes
- Campbell: yes
- Heaton: yes
- Miller, D: yes
- Smith, V: yes
- Carbaugh: yes
- Ireland: yes
- Miller, K: yes
- Soliday: yes
- Clere: yes
- Isa: yes
- Moed: yes
- Steuerwald: yes
- Commons: yes
- Jackson, C: yes
- Morris: yes
- Summers: yes
- Criswell: yes
- Jeter: yes
- Moseley: yes
- Sweet: yes
- Culp: yes
- Johnson, B: yes
- Novak: yes
- Teshka: yes
- Dant Chesser: yes
- Jordan: yes
- O'Brien: yes
- VanNatter: yes
- Davis: yes
- Judy: yes
- Olthoff: yes
- Wesco: yes
- DeLaney: yes
- King: yes
- Pack: yes
- Yocum: yes
- DeVon: yes
- Klinker: yes
- Patterson: yes
- Zimmerman: yes
- Dvorak: yes
- Lauer: yes
- Payne: yes
- Engleman: yes
- Lawson: yes
- Pfaff: yes
- Barrett: excused
- Hostettler: excused
- Shonkwiler: excused
- Snow: excused
- Gore: excused
- Thompson: excused
- Cash: not voting
- Heine: not voting
- Karickhoff: not voting
- Mr. Speaker: not voting
SB 14 - Rogers
2026-02-27 · pass · 49-0
Member-level votes (50)
- Alexander: yes
- Charbonneau: yes
- Hunley: yes
- Randolph: yes
- Alting: yes
- Clark: yes
- Jackson, L: yes
- Rogers: yes
- Baldwin: yes
- Crider: yes
- Johnson: yes
- Schmitt: yes
- Bassler: yes
- Deery: yes
- Koch: yes
- Spencer: yes
- Becker: yes
- Dernulc: yes
- Leising: yes
- Taylor: yes
- Bohacek: yes
- Donato: yes
- Maxwell: yes
- Tomes: yes
- Bray: yes
- Doriot: yes
- McKinley: yes
- Walker G: yes
- Brown: yes
- Freeman: yes
- Mishler: yes
- Walker K: yes
- Buchanan: yes
- Garten: yes
- Niemeyer: yes
- Yoder: yes
- Buck: yes
- Gaskill: yes
- Niezgodski: yes
- Young: yes
- Busch: yes
- Glick: yes
- Pol: yes
- Byrne: yes
- Goode: yes
- Qaddoura: yes
- Carrasco: yes
- Holdman: yes
- Raatz: yes
- Ford J.D.: excused
SB 14 - Teshka
2026-02-27 · pass · 95-0
Member-level votes (100)
- Abbott: yes
- Garcia Wilburn: yes
- Ledbetter: yes
- Pierce, M: yes
- Andrade: yes
- Genda: yes
- Lehman: yes
- Porter: yes
- Aylesworth: yes
- GiaQuinta: yes
- Lindauer: yes
- Prescott: yes
- Barrett: yes
- Gore: yes
- Lopez: yes
- Pressel: yes
- Bartels: yes
- Goss-Reaves: yes
- Lucas: yes
- Pryor: yes
- Bartlett: yes
- Greene: yes
- Manning: yes
- Rowray: yes
- Bascom: yes
- Haggard: yes
- May: yes
- Shackleford: yes
- Bauer: yes
- Hall: yes
- Mayfield: yes
- Shonkwiler: yes
- Behning: yes
- Hamilton: yes
- McGuire: yes
- Slager: yes
- Borders: yes
- Harris: yes
- McNamara: yes
- Smaltz: yes
- Burton: yes
- Heaton: yes
- Meltzer: yes
- Smith, H: yes
- Campbell: yes
- Heine: yes
- Miller, D: yes
- Smith, V: yes
- Carbaugh: yes
- Ireland: yes
- Miller, K: yes
- Snow: yes
- Cash: yes
- Isa: yes
- Moed: yes
- Soliday: yes
- Clere: yes
- Jackson, C: yes
- Morris: yes
- Steuerwald: yes
- Commons: yes
- Jeter: yes
- Moseley: yes
- Summers: yes
- Criswell: yes
- Johnson, B: yes
- Novak: yes
- Sweet: yes
- Culp: yes
- Jordan: yes
- O'Brien: yes
- Teshka: yes
- Dant Chesser: yes
- Judy: yes
- Olthoff: yes
- Thompson: yes
- DeLaney: yes
- Karickhoff: yes
- Pack: yes
- VanNatter: yes
- DeVon: yes
- King: yes
- Patterson: yes
- Wesco: yes
- Dvorak: yes
- Klinker: yes
- Payne: yes
- Yocum: yes
- Engleman: yes
- Lauer: yes
- Pfaff: yes
- Zimmerman: yes
- Errington: yes
- Lawson: yes
- Pierce, K: yes
- Baird: excused
- Davis: excused
- Hatcher: excused
- Hostettler: excused
- Mr. Speaker: not voting

Related bills

No related bills recorded for this bill.

Official source

https://api.iga.in.gov/2026/bills/sb0014

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:22:09.317128Z

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