SB 63 Indiana Senate · 2026 Regular Session

Thirteenth check.

Summary

Provides for a thirteenth check in calendar year 2026 for certain members, participants, or beneficiaries of the: (1) Indiana state teachers' retirement fund; (2) Indiana public employees' retirement fund; (3) state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement plan; (4) state police pre-1987 benefit system; and (5) state police 1987 benefit system.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Dec 2025

Committee Review

Floor Vote

Governor

Introduced Dec 8, 2025 Last action Jan 12, 2026

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What changed between versions

Introduced Senate Bill (S) → Senate Bill (S) · 4 edits

MODERATE

The bill was updated from an introduced version to a final Senate Bill version with substantive changes to pension legislation. The document now includes additional sections regarding joint and survivor options for retirement benefits and amends existing code sections to clarify benefit calculations and survivor eligibility rules. These changes affect how retirement allowances are calculated and distributed to beneficiaries.

Scope change

The bill's scope expanded to include provisions for joint and survivor benefit options that were not present in the introduced version, affecting how retirees and their beneficiaries receive pension payments.

REQUIREMENT

Added new Section 10.5 establishing joint and survivor option provisions for participants who retire after June 30, 2026, allowing retirees to choose reduced lifetime benefits in exchange for survivor benefits for designated beneficiaries.

ELIGIBILITY

Modified Section 16.3 to clarify that the survivor benefits section does not apply to participants who elect the joint and survivor option under the new Section 10.5.

TECHNICAL

Updated bill title and digest to reflect amendments to Indiana Code sections rather than just providing for a thirteenth check payment.

TIMELINE

Added effective date of July 1, 2026 for the new joint and survivor option provisions, with specific applicability to participants retiring after June 30, 2026.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jan 8, 2026

Upper · Passed

Committee report: amend do pass adopted; reassigned to Committee on Appropriations

upper

3 primary · 2 co-sponsors