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 participate in the Federal Employees' Retirement System (FERS) pension plan. However, it requires all such members to continue participating in the Thrift Savings Plan (TSP), the retirement savings program. The law amends existing code to explicitly state that opting out of FERS does not affect mandatory TSP participation. This applies only to members first serving after the bill's enactment date, not current members.