HB 2974
House·20th Congress·Filed Aug 4, 2025
An Act Creating a Sustainable Fiscal Framework for the Pension System of the Military and Uniformed Personnel, Providing Mechanisms for the Disposition of Government Assets for the Purpose, and Appropriating Funds Therefor
In plain language
The bill creates a new pension trust for military and uniformed staff, makes new recruits pay 9 % of their salary (the government adds 12 %), caps pension raises at 3 % a year for ten years, and funds the system by selling or leasing government assets while giving the fund full tax exemption.
Public Works and InfrastructureSocial Welfare
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Authors · 4 Representatives
Official sources
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HB02974 · Sources: BetterGov Open Congress, BatasWatch