Members of Congress Pension Opt Out Clarification Act

This bill clarifies that new members of the House of Representatives (including Delegates and Resident Commissioners) can choose not to join the federal pension system (FERS) upon taking office. It specifically allows them to opt out of FERS while still maintaining access to the Thrift Savings Plan (TSP), the retirement savings plan for federal employees. The law applies only to members serving for the first time after the bill becomes law, ensuring they can manage their retirement benefits without losing TSP participation.