# Alaska SB 21: AK WORK & SAVE PRGRM; PFD INVESTMENT ACCT Alaska SB 21, AK WORK & SAVE PRGRM; PFD INVESTMENT ACCT, is a 34th Legislature (2025-2026) Senate bill sponsored by Bill Wielechowski (Democratic); status vetoed, last action 2026-06-19 ((S) JOINT SESSION at 01:00 PM HOUSE CHAMBER); PRIA reads it as touching household money (as of 2026-11-04). - Canonical: https://policyrisk.com/state-bill/AK-SB21-34 - As of: 2026-11-04 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Alaska SB 21 - State: Alaska - Session: 34th Legislature (2025-2026) - Title: AK WORK & SAVE PRGRM; PFD INVESTMENT ACCT - Status: vetoed - Chamber: Senate - Introduced: 2025-01-22 - Last action: 2026-06-19, (S) JOINT SESSION at 01:00 PM HOUSE CHAMBER - Sponsor: Bill Wielechowski (Democratic) - Cosponsors: 16 - Touches household money: yes - Roll calls: 4 (102 yes, 37 no in all) - Economic provisions PRIA read: 5 ## Summary No summary available. ## Bill overview: provisions PRIA read - Workers get retirement account privacy: benefit, low. Beginning January 1, 2027, Work and Save account details are confidential and excluded from public records. Protected details include names, contact details, identification information, contributions, earnings, and balances. Information can be shared as needed to run the program under tax laws, or… - Automatic retirement saving for Alaska workers: mixed, medium. Beginning January 1, 2027, Alaska’s Department of Revenue runs Work and Save for workers without employer retirement plans. Eligible employees are automatically enrolled, with default payroll contributions and contribution increases; these reduce take-home pay. Participants can opt out, change cont… - Alaskans can invest or donate dividends: mixed, low. Beginning January 1, 2027, eligible Permanent Fund Dividend applicants or their authorized representatives can send dividends to chosen investment accounts. Applicants bear the investment risk. The electronic application also allows contributions to Work and Save accounts, the crime victim compensa… - Retirement savers bear losses and fees: mixed, low. Beginning January 1, 2027, Work and Save participants keep account gains and bear investment losses. Alaska, the program, and its administrator guarantee no return or interest and are not liable for investment losses. They have no ownership claim to participant contributions or earnings. The admini… - Employers must help workers save: mixed, low. Beginning January 1, 2027, covered Alaska employers without qualified retirement plans must arrange payroll deductions for Work and Save. This applies to employers that have employed more than five other people in Alaska for at least three years. Employers do not become retirement plan sponsors and… ## Sponsors and cosponsors - Sponsor: Bill Wielechowski (Democratic), Senate - Cosponsor: Jeremy Bynum (Republican), House - Cosponsor: Mia Costello (Republican), House - Cosponsor: Maxine Dibert (Democratic), House - Cosponsor: Ted Eischeid (Democratic), House - Cosponsor: Alyse Galvin (Not), House - Cosponsor: Andrew Gray (Democratic), House - Cosponsor: Elvi Gray-Jackson (Democratic), Senate - Cosponsor: Sara Hannan (Democratic), House - Cosponsor: Ky Holland (Not), House - Cosponsor: Andy Josephson (Democratic), House - Cosponsor: Scott Kawasaki (Democratic), Senate - Cosponsor: Donna Mears (Democratic), House - Cosponsor: Dan Saddler (Republican), House - Cosponsor: Calvin Schrage (Not), House - Cosponsor: Jubilee Underwood (Republican), House - Cosponsor: Robert Yundt (Republican), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-06-19 | Senate | GOVERNOR VETO SUSTAINED Y39 N21 | pass | 39 | 21 | | | 2026-05-19 | Senate | CONCUR AM OF (H) Y17 N3 | pass | 17 | 3 | | | 2026-05-18 | House | PASSED Y31 N9 | pass | 31 | 9 | | | 2026-04-22 | Senate | PASSED Y15 N4 E1 | pass | 15 | 4 | | ## Actions (91) - 2026-06-19: (S) JOINT SESSION at 01:00 PM HOUSE CHAMBER (Senate) - 2026-06-19: (S) GOVERNOR VETO SUSTAINED Y39 N21 (Senate) - 2026-06-19: (S) MOTION TO OVERRIDE VETO (Senate) - 2026-06-19: (S) VETOED BY GOVERNOR 6/18/26 (Senate) - 2026-06-04: (S) 10:14 A.M. 6/1/26 TRANSMITTED TO GOVERNOR (Senate) - 2026-05-19: (S) COSPONSOR(S): KAWASAKI, YUNDT (Senate) - 2026-05-19: (S) EFFECTIVE DATE(S) SAME AS PASSAGE (Senate) - 2026-05-19: (S) CONCUR AM OF (H) Y17 N3 (Senate) - 2026-05-19: (S) CONCUR MESSAGE READ AND TAKEN UP (Senate) - 2026-05-18: (H) VERSION: HCS CSSB 21(L&C) (House) - 2026-05-18: (H) TRANSMITTED TO (S) AS AMENDED (House) - 2026-05-18: (H) DIBERT (House) - 2026-05-18: (H) CROSS SPONSOR(S): JOSEPHSON, BYNUM, UNDERWOOD, HOLLAND, GRAY, MEARS, EISCHEID, (House) - 2026-05-18: (H) EFFECTIVE DATE(S) SAME AS PASSAGE (House) - 2026-05-18: (H) PASSED Y31 N9 (House) - 2026-05-18: (H) READ THE THIRD TIME HCS CSSB 21(L&C) (House) - 2026-05-18: (H) ADVANCED TO THIRD READING UC (House) - 2026-05-18: (H) TITLE CHANGE: HCR 18 (House) - 2026-05-18: (H) L&C HCS ADOPTED UC (House) - 2026-05-18: (H) READ THE SECOND TIME (House) - 2026-05-18: (H) RULES TO CALENDAR 5/18/2026 (House) - 2026-05-17: (H) Moved HCS CSSB 21(L&C) Out of Committee -- Recessed to a Call of the Chair -- (House) - 2026-05-17: (H) FINANCE at 09:00 AM ADAMS 519 (House) - 2026-05-17: (H) CROSS SPONSOR(S): GALVIN (House) - 2026-05-17: (H) FN7: ZERO(REV) (House) - 2026-05-17: (H) FN6: (REV) (House) - 2026-05-17: (H) NR: TOMASZEWSKI, ALLARD, BYNUM (House) - 2026-05-17: (H) DP: JIMMIE, GALVIN, HANNAN, MOORE, FOSTER (House) - 2026-05-17: (H) TITLE CHANGE: HCR 18 (House) - 2026-05-17: (H) FIN RPT HCS(L&C) NEW TITLE 5DP 3NR (House) - 2026-05-17: Audio/Video (House) - 2026-05-16: (H) CROSS SPONSOR(S): HANNAN, SCHRAGE (House) - 2026-05-15: (H) Heard & Held (House) - 2026-05-15: (H) FINANCE at 06:00 PM ADAMS 519 (House) - 2026-05-15: Audio/Video (House) - 2026-05-07: (H) FN5: (REV) (House) - 2026-05-07: (H) FN3: INDETERMINATE(REV) (House) - 2026-05-07: (H) AM: D.NELSON (House) - 2026-05-07: (H) NR: COULOMBE, CARRICK, SADDLER (House) - 2026-05-07: (H) DP: FRIER, HALL, FIELDS (House) - 2026-05-07: (H) TITLE CHANGE: HCR 18 (House) - 2026-05-07: (H) L&C RPT HCS(L&C) NEW TITLE 3DP 3NR 1AM (House) - 2026-05-04: (H) Moved HCS CSSB 21 (L&C) Out of Committee -- Delayed to 10 min. Following Session -- (House) - 2026-05-04: (H) LABOR & COMMERCE at 03:15 PM BARNES 124 (House) - 2026-05-04: (H) CROSS SPONSOR(S): SADDLER (House) - 2026-05-04: Audio/Video (House) - 2026-05-01: (H) CROSS SPONSOR(S): COSTELLO (House) - 2026-04-29: (H) Heard & Held -- Delayed to 5 min. Following Session -- (House) - 2026-04-29: (H) LABOR & COMMERCE at 03:15 PM BARNES 124 (House) - 2026-04-29: Audio/Video (House) - 2026-04-24: (H) L&C, FIN (House) - 2026-04-24: (H) READ THE FIRST TIME - REFERRALS (House) - 2026-04-22: (S) VERSION: CSSB 21(FIN) (Senate) - 2026-04-22: (S) TRANSMITTED TO (H) (Senate) - 2026-04-22: (S) EFFECTIVE DATE(S) SAME AS PASSAGE (Senate) - 2026-04-22: (S) PASSED Y15 N4 E1 (Senate) - 2026-04-22: (S) READ THE THIRD TIME CSSB 21(FIN) (Senate) - 2026-04-21: (S) ADVANCED TO THIRD READING 4/22 CAL (Senate) - 2026-04-21: (S) FIN CS ADOPTED UC (Senate) - 2026-04-21: (S) READ THE SECOND TIME (Senate) - 2026-04-21: (S) RULES TO CALENDAR 4/21/2026 (Senate) - 2026-03-27: (S) FN4: (REV) (Senate) - 2026-03-27: (S) FN3: INDETERMINATE(REV) (Senate) - 2026-03-27: (S) AM: KAUFMAN (Senate) - 2026-03-27: (S) NR: CRONK, MERRICK (Senate) - 2026-03-27: (S) DP: OLSON, STEDMAN, HOFFMAN, KIEHL (Senate) - 2026-03-27: (S) FIN RPT CS 4DP 2NR 1AM NEW TITLE (Senate) - 2026-03-26: (S) Minutes (SFIN) (Senate) - 2026-03-26: (S) Moved CSSB 21(FIN) Out of Committee (Senate) - 2026-03-26: (S) FINANCE at 09:00 AM SENATE FINANCE 532 (Senate) - 2026-03-26: Audio/Video (House) - 2026-02-17: (S) Heard & Held (Senate) - 2026-02-17: (S) FINANCE at 09:00 AM SENATE FINANCE 532 (Senate) - 2026-02-17: Audio/Video (House) - 2025-04-09: (S) FN2: INDETERMINATE(REV) (Senate) - 2025-04-09: (S) FN1: INDETERMINATE(REV) (Senate) - 2025-04-09: (S) DP: DUNBAR, GRAY-JACKSON (Senate) - 2025-04-09: (S) NR: BJORKMAN, MERRICK, YUNDT (Senate) - 2025-04-09: (S) L&C RPT CS 3NR 2DP NEW TITLE (Senate) - 2025-04-07: (S) Minutes (SL&C) (Senate) - 2025-04-07: (S) Moved CSSB 21(L&C) Out of Committee (Senate) - 2025-04-07: (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg) (Senate) - 2025-04-07: Audio/Video (House) - 2025-03-31: (S) Minutes (SL&C) (Senate) - 2025-03-31: (S) Heard & Held (Senate) - 2025-03-31: (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg) (Senate) - 2025-03-31: Audio/Video (House) - 2025-01-24: (S) COSPONSOR(S): GRAY-JACKSON (Senate) - 2025-01-22: (S) L&C, FIN (Senate) - 2025-01-22: (S) READ THE FIRST TIME - REFERRALS (Senate) - 2025-01-22: (S) PREFILE RELEASED 1/10/25 (Senate) ## Bill text - Enrolled SB 21, 2026-05-19: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0021Z), [PDF](https://www.akleg.gov/PDF/34/Bills/SB0021Z.PDF) - HCS CSSB 21(L&C), 2026-05-07: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0021D), [PDF](https://www.akleg.gov/PDF/34/Bills/SB0021D.PDF) - CSSB 21(FIN), 2026-03-27: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0021C), [PDF](https://www.akleg.gov/PDF/34/Bills/SB0021C.PDF) - CSSB 21(L&C), 2025-04-09: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0021B), [PDF](https://www.akleg.gov/PDF/34/Bills/SB0021B.PDF) - SB 21, 2025-01-22: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0021A), [PDF](https://www.akleg.gov/PDF/34/Bills/SB0021A.PDF) ## Related bills - HB 263: APPROP: OPERATING BUDGET;FUNDS;SUPP (signed) - HB 265: APPROP: MENTAL HEALTH BUDGET (signed) - HB 239: CRIME/CNTRL SUBST/ADDRESS CONFIDENTIALITY (became law) - HB 246: SPECIAL EDUCATION SERVICE AGENCY FUNDING (became law) - HB 195: PHARMACISTS; PHYSICIAN ASSOCIATES (became law) - HB 73: COMPLEX CARE RESIDENTIAL HOMES (signed) ## Sources - [Enrolled SB 21 (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0021Z) - [Enrolled SB 21 (PDF)](https://www.akleg.gov/PDF/34/Bills/SB0021Z.PDF) - [HCS CSSB 21(L&C) (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0021D) - [HCS CSSB 21(L&C) (PDF)](https://www.akleg.gov/PDF/34/Bills/SB0021D.PDF) - [CSSB 21(FIN) (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0021C) - [CSSB 21(FIN) (PDF)](https://www.akleg.gov/PDF/34/Bills/SB0021C.PDF) - [CSSB 21(L&C) (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0021B) - [CSSB 21(L&C) (PDF)](https://www.akleg.gov/PDF/34/Bills/SB0021B.PDF) - [SB 21 (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=SB0021A) - [SB 21 (PDF)](https://www.akleg.gov/PDF/34/Bills/SB0021A.PDF) ## Related - [HB 263: APPROP: OPERATING BUDGET;FUNDS;SUPP](https://policyrisk.com/state-bill/AK-HB263-34) - [HB 265: APPROP: MENTAL HEALTH BUDGET](https://policyrisk.com/state-bill/AK-HB265-34) - [HB 239: CRIME/CNTRL SUBST/ADDRESS CONFIDENTIALITY](https://policyrisk.com/state-bill/AK-HB239-34) - [HB 246: SPECIAL EDUCATION SERVICE AGENCY FUNDING](https://policyrisk.com/state-bill/AK-HB246-34) - [HB 195: PHARMACISTS; PHYSICIAN ASSOCIATES](https://policyrisk.com/state-bill/AK-HB195-34) - [HB 73: COMPLEX CARE RESIDENTIAL HOMES](https://policyrisk.com/state-bill/AK-HB73-34) - [Alaska bills](https://policyrisk.com/states/alaska/bills) - [Alaska state hub](https://policyrisk.com/states/alaska) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/AK-SB21-34 (as of 2026-11-04).