Increasing Access to a Secure Retirement Act of 2017
Latest action · Dec 7, 2017 Referred to the House Committee on Education and the Workforce.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedDec 7, 2017
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Increasing Access to a Secure Retirement Act of 2017
This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to specify optional measures that a fiduciary for a pension plan may take in selecting an insurer and a guaranteed retirement income contract to assure that the fiduciary meets the prudent man standard of care required under ERISA.
A "guaranteed retirement income contract" is an annuity contract for a fixed term or a contract (or provision or feature thereof) which provides guaranteed benefits annually (or more frequently) for at least the remainder of the life of the participant or joint lives of the participant and the participant's designated beneficiary as part of a defined contribution plan.
Cosponsors 8
Members who signed on, in the order they did. Signatures ran from Dec 7, 2017 to Jul 26, 2018, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-DE | Lisa Blunt Rochester | Original | Dec 7, 2017 |
| R-TN | David P. Roe | Feb 26, 2018 | |
| R-IN | Luke Messer | Mar 13, 2018 | |
| R-MI | Paul Mitchell | Mar 13, 2018 | |
| D-NJ | Donald Norcross | Apr 10, 2018 | |
| D-IA | David Loebsack | Jul 26, 2018 | |
| D-WI | Ron Kind | Jul 26, 2018 | |
| D-AL | Terri A. Sewell | Jul 26, 2018 |
Actions 2
Everything that happened, newest first.
- Dec 7, 2017Introduced in House
- Dec 7, 2017Referred to the House Committee on Education and the Workforce.
Related bills 4
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 88 | Shiloh National Military Park Boundary Adjustment and Parker's Crossroads Battlefield Designation Act | Related bill | Dec 21, 2018 |
| S 2526 | Retirement Enhancement and Savings Act of 2018 | Related bill | Mar 8, 2018 |
| HR 4637 | SAVE Act of 2017 | Related bill | Dec 13, 2017 |
| HR 5282 | Retirement Enhancement and Savings Act of 2018 | Related bill | Mar 14, 2018 |
Subjects
Assigned by the Library of Congress. Policy area: Labor and Employment.
Text 1
Each version as it was printed, newest first.
- Dec 7, 2017Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.