Congress 107 - HR 3445 - Retirement Enhancement Act of 2001

Sponsor

Cosponsors

Topics

Accounting Administrative procedure Administrative remedies Age (Law) Annuities Armed Forces and National Security Auditing Bribery Business records Civil actions and liability Civil Rights and Liberties, Minority Issues Civil Service pensions Collection of accounts Collective bargaining agreements Commerce Commercial arbitration Compensation (Law) Computer software Conflict of interests Congress Congressional reporting requirements Corporate collapse Crime and Law Enforcement Criminal justice information Defined benefit pension plans Defined contribution plans Department of Labor Disability insurance Disabled Discrimination Divorce Economics and Public Finance Embezzlement Employee benefit plans Employee ownership Employee pensions Employers' liability Evidence (Law) Executives Extortion Families Family leave Federal employees Fees Finance and Financial Sector Financial services Financial statements Fines (Penalties) Fraud Gifts Government Operations and Politics Government paperwork Government publicity Government trust funds Governmental investigations Health Health insurance Identification devices Income Individual retirement accounts Information disclosure (Securities law) Insurance premiums Interest Investment advisers Investments Judicial review of administrative acts Labor and Employment Larceny Law Legal fees Liability (Law) Loans Married people Mediation Medical economics Military dependents Military pensions Missing persons Ombudsman Pension funds Pension portability Science, Technology, Communications Sick leave Small business Social Welfare Stockholders' voting Surety and fidelity Survivors' benefits Tax-deferred compensation plans Taxation Trusts and trustees Unemployment insurance Widowers Widows Women Workers' compensation

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Summary

Retirement Enhancement Act of 2001 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise or provide pension plan requirements for: (1) plan coverage and participation, defined contribution plan benefit vesting, and simplified pension plans; (2) various pension protections for spouses (under both ERISA and the Civil Service Retirement Spouse Equity Act of 1984); (3) simplified investment standards, including disclosure regarding investments and voting of proxies, diversification in defined contribution investments, diversification of investments under employee stock ownership plans by participants and beneficiaries over 55 years of age; (4) pension information reporting and enforcement for defined benefit plans and multiemployer plans; and (5) various pension protections for a changing workforce, including pension plan qualified loans for health insurance and job training expenses of participants or beneficiaries, immediate distributions if rolled over to qualified plans, prompt distributions from defined contribution plans upon termination of participants' covered employment, and an extended period for recoupment of overpayments.

Actions

Apr 5, 2002

Referred to the Subcommittee on Employer-Employee Relations.
Jan 28, 2002

Referred to the Subcommittee on Military Personnel.
Jan 28, 2002

Executive Comment Requested from DOD.
Jan 15, 2002

Referred to the Subcommittee on the Civil Service and Agency Organization.
Dec 13, 2001

Sponsor introductory remarks on measure. (CR E2304)
Dec 11, 2001

Referred to the Committee on Education and the Workforce, and in addition to the Committees on Armed Services, and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Dec 11, 2001

Introduced in House

Amendments

Related Bills