# Indiana SB 250: Pension matters. Indiana SB 250, Pension matters., is a First Regular Session 124th General Assembly (2025) Senate bill sponsored by Brian Buchanan (Republican); status failed, last action 2025-03-20 (Recommitted to Committee on Ways and Means pursuant to House Rule 126.3); PRIA reads it as touching household money (as of 2026-10-19). - Canonical: https://policyrisk.com/state-bill/IN-SB250-2025 - As of: 2026-10-19 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Indiana SB 250 - State: Indiana - Session: First Regular Session 124th General Assembly (2025) - Title: Pension matters. - Status: failed - Chamber: Senate - Introduced: 2025-01-13 - Last action: 2025-03-20, Recommitted to Committee on Ways and Means pursuant to House Rule 126.3 - Sponsor: Brian Buchanan (Republican) - Cosponsors: 4 - Subjects: pensions and labor, appropriations, the house, employment - Touches household money: yes - Roll calls: 1 (49 yes, 0 no in all) - Economic provisions PRIA read: 0 ## Summary Modifies the definition of "average of the annual compensation" for a member of the public employees' retirement fund (PERF) who retires after December 31, 2026. 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. (Current law requires these amounts to be used to reduce the unfunded accrued liability of PERF.) 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. Specifies the circumstances under which an employer under the 1977 police officers' and firefighters' pension and disability fund is required to pay for certain mental health care and treatment. Makes conforming amendments. (The introduced version of this bill was prepared by the interim study committee on pension management oversight.) ## Bill overview No economic impacts identified for this bill. ## Sponsors and cosponsors - Sponsor: Brian Buchanan (Republican), Senate - Cosponsor: David Niezgodski (Democratic), Senate - Cosponsor: Linda Rogers (Republican), Senate - Cosponsor: Martin Carbaugh (Republican), House - Cosponsor: Victoria Garcia Wilburn (Democratic), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-02-20 | Senate | Third reading: passed | pass | 49 | 0 | | ## Actions (13) - 2025-03-20: Recommitted to Committee on Ways and Means pursuant to House Rule 126.3 (House) - 2025-03-20: Committee report: amend do pass, adopted (House) - 2025-03-20: Representative Garcia Wilburn added as cosponsor (House) - 2025-03-03: First reading: referred to Committee on Employment, Labor and Pensions (House) - 2025-02-21: Referred to the House (Senate) - 2025-02-20: House sponsor: Representative Carbaugh (Senate) - 2025-02-20: Third reading: passed; Roll Call 180: yeas 49, nays 0 (Senate) - 2025-02-18: Second reading: ordered engrossed (Senate) - 2025-02-13: Senator Niezgodski added as coauthor (Senate) - 2025-02-13: Committee report: amend do pass, adopted (Senate) - 2025-01-29: Committee report: amend do pass adopted; reassigned to Committee on Appropriations (Senate) - 2025-01-13: Authored by Senators Buchanan and Rogers (Senate) - 2025-01-13: First reading: referred to Committee on Pensions and Labor (Senate) ## Bill text - Introduced Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0250/versions/SB0250.01.INTR?format=pdf) - Senate Bill (H): [PDF](https://api.iga.in.gov/2025/bills/SB0250/versions/SB0250.03.COMS?format=pdf), [PDF](https://api.iga.in.gov/2025/bills/SB0250/versions/SB0250.04.COMH?format=pdf) - Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0250/versions/SB0250.02.COMS?format=pdf) ## Related bills - SB 231: Various corrections matters. (signed) - SB 324: Criminal procedures. (signed) - SB 80: Code publication. (signed) - SB 453: Various tax matters. (signed) - SB 464: Financial institutions and consumer credit. (signed) - SB 371: Workforce matters. (signed) ## Sources - [Introduced Senate Bill (S) (PDF)](https://api.iga.in.gov/2025/bills/SB0250/versions/SB0250.01.INTR?format=pdf) - [Senate Bill (H) (PDF)](https://api.iga.in.gov/2025/bills/SB0250/versions/SB0250.03.COMS?format=pdf) - [Senate Bill (H) (PDF)](https://api.iga.in.gov/2025/bills/SB0250/versions/SB0250.04.COMH?format=pdf) - [Senate Bill (S) (PDF)](https://api.iga.in.gov/2025/bills/SB0250/versions/SB0250.02.COMS?format=pdf) ## Related - [SB 231: Various corrections matters.](https://policyrisk.com/state-bill/IN-SB231-2025) - [SB 324: Criminal procedures.](https://policyrisk.com/state-bill/IN-SB324-2025) - [SB 80: Code publication.](https://policyrisk.com/state-bill/IN-SB80-2025) - [SB 453: Various tax matters.](https://policyrisk.com/state-bill/IN-SB453-2025) - [SB 464: Financial institutions and consumer credit.](https://policyrisk.com/state-bill/IN-SB464-2025) - [SB 371: Workforce matters.](https://policyrisk.com/state-bill/IN-SB371-2025) - [Indiana bills](https://policyrisk.com/states/indiana/bills) - [Indiana state hub](https://policyrisk.com/states/indiana) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/IN-SB250-2025 (as of 2026-10-19).