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BillS 1441 · 119

SAVES Act of 2025

Introduced
Apr 10, 2025
Cosponsors
28
Traction
0
Last Action
Feb 24, 2026

Bill Summary

Establishes reforms to increase military savings and retirement benefits for service members. Requires changes to the military's retirement system to provide more flexible and generous benefits.

Sponsored By

Thom Tillis
Republican · North Carolina · Senate

Bill Journey

  1. Apr 10, 2025
  4. Feb 24, 2026You Are Here

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects active and retired military personnel, providing them with increased savings and retirement benefits. It impacts service members by giving them more control over their retirement plans and potentially increasing their overall retirement income.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
27backers
  • Democratic20
  • Republican6
  • Independent / other1
Cross-party cosponsors20 · 77%

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (28)

Show all 22 more

2 more not shown here — see the full list on congress.gov.

Bill Details

Bill TypeSenate Bill · Federal
Primary TopicMilitary & Foreign
CommitteeSenate Committee (sample)Sample
IntroducedApr 10, 2025
Last UpdatedFeb 24, 2026
Latest ActionPlaced on Senate Legislative Calendar under General Orders. Calendar No. 342.
Subjects
  • Military

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.