Indiana · 2025 Regular Session · Bill
SB 513: State administered retirement program.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 513 is a bill introduced in the Indiana Senate on January 16, 2025. According to its official title, it concerns: State administered retirement program. Primary sponsor: Ron Alting (Republican), Greg Walker (Republican), Vaneta Becker (Republican). It lists 9 additional sponsors. Most recent recorded action (February 17, 2025): Senator Randolph added as coauthor.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Establishes a board to design, establish, and operate a state administered retirement program (program) that automatically enrolls specified private sector employees. Requires program compliance by certain employers that have not, in the previous two calendar years, offered a qualified retirement plan to employees. Specifies the powers and duties of the board. Specifies program requirements, including default contribution levels and program fees. Requires the board to contract with investment managers, private financial institutions, or other service providers to invest money and administer the program. Limits the liability of particular parties associated with the program. Specifies board requirements for disclosure, audits, and reports. Requires the board to adopt certain rules. Makes an appropriation.
Sponsors
Sponsors by party (alphabetical): Democratic 7 · Republican 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Ron Alting | Primary sponsor | Republican | Senate | 22 |
| Greg Walker | Primary sponsor | Republican | Senate | 41 |
| Vaneta Becker | Primary sponsor | Republican | Senate | 50 |
| J.D. Ford | Co-sponsor | Democratic | Senate | 29 |
| Sue Glick | Co-sponsor | Republican | Senate | 13 |
| Andrea Hunley | Co-sponsor | Democratic | Senate | 46 |
| La Keisha Jackson | Co-sponsor | Democratic | Senate | 34 |
| Jean Leising | Co-sponsor | Republican | Senate | 42 |
| David Niezgodski | Co-sponsor | Democratic | Senate | 10 |
| Rodney Pol | Co-sponsor | Democratic | Senate | 4 |
| Fady Qaddoura | Co-sponsor | Democratic | Senate | 30 |
| Lonnie Randolph | Co-sponsor | Democratic | Senate | 2 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Senator Randolph added as coauthor
- Senator Niezgodski added as coauthor
- Senators Leising and Glick added as coauthors
- Senator Ford J.D. added as coauthor
- Coauthored by Senators Qaddoura, Hunley, Jackson L, Pol
- First reading: referred to Committee on Appropriations
- Authored by Senators Becker, Walker G, Alting