A bill to amend the Employee Retirement Income Security Act of 1974 to provide workers with individual account plans with information on how the assets in their accounts are invested and of the need to diversify the investment of the assets.

Bill Number

S 2185

Introduced

Apr 17, 2002

Latest Action

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S ...

Sponsor

Cosponsors

Topics

Bonds Corporate collapse Employee pensions Employee rights Finance and Financial Sector Financial statements Fines (Penalties) Government Operations and Politics Government paperwork Investments Labor and Employment Law Pension funds Stocks Valuation

Full Text

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Votes

Summary

Amends the Employee Retirement Income Security Act of 1974 to require individual account plan administrators to provide quarterly statements to participants and beneficiaries which include information on how their account assets are invested and on the need to diversify such investments.

Actions

Apr 17, 2002

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced: CR S2839)
Apr 17, 2002

Sponsor introductory remarks on measure. (CR S2838-2839)
Apr 17, 2002

Introduced in Senate

Amendments

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