This bill aims to terminate future retirement benefits for Members of Congress by amending relevant sections of Title 5 of the United States Code pertaining to federal retirement systems. It specifically targets both the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS). Effective 90 days after enactment, the legislation would cease all further government contributions and deductions from basic pay for Members' pensions under these systems. For individuals who become Members on or after the enactment date, they would not be subject to these retirement systems at all. The bill explicitly states that it will not affect any retirement rights, entitlements, or benefits accrued by Members prior to the date of enactment . It also preserves the eligibility of Members to participate in the Thrift Savings Plan , ensuring this separate retirement savings option remains available. The Vice President is specifically excluded from the definition of "Member" for the purposes of this Act, and for FERS participants with less than five years of civilian service, the bill mandates regulations to provide for a lump-sum credit refund.