The Parity for Tribal Educators Act would extend federal retirement and savings benefits to employees working at tribally controlled schools. Specifically, teachers and staff at these schools would become eligible to participate in the Federal Employees Retirement System (FERS) pension program and the Thrift Savings Plan (TSP), the same retirement benefits available to other federal employees. The Bureau of Indian Affairs would cover the government's required contributions to these programs. Employees would have the option to opt out of this coverage if they choose. The bill applies to schools operating under contracts or grants under existing federal Indian education laws.
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