Women's Pension Protection Act of 2018
Latest action · Sep 12, 2018 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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.
- IntroducedSep 12, 2018
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Women's Pension Protection Act of 2018
This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to: (1) extend spousal consent requirements that currently apply to defined benefit pension plans to defined contribution pension plans, and (2) allow certain long-term part-time workers to participate in pension plans that include either a qualified cash or deferred arrangement or a salary reduction agreement.
Financial product or service providers who sell retirement financial products or services must provide purchasers of their products or services an easily accessible link to the website of the Consumer Financial Protection Bureau to obtain information relating to retirement planning or later life economic security.
The Women's Bureau of the Department of Labor shall award grants to certain community-based organizations to: (1) improve the financial literacy of women who are working age or in retirement, and (2) assist low-income women and victims of domestic violence in obtaining qualified domestic relations orders and the benefits they are entitled to through the orders.
Cosponsors 19
Members who signed on, in the order they did. Signatures ran from Sep 12, 2018 to Sep 24, 2018, with 14 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MN | Amy Klobuchar | Original | Sep 12, 2018 |
| D-NV | Catherine Cortez Masto | Original | Sep 12, 2018 |
| D-MO | Claire McCaskill | Original | Sep 12, 2018 |
| D-MI | Debbie Stabenow | Original | Sep 12, 2018 |
| D-CA | Dianne Feinstein | Original | Sep 12, 2018 |
| D-MA | Elizabeth Warren | Original | Sep 12, 2018 |
| D-ND | Heidi Heitkamp | Original | Sep 12, 2018 |
| D-NH | Jeanne Shaheen | Original | Sep 12, 2018 |
| D-NH | Margaret Wood Hassan | Original | Sep 12, 2018 |
| D-WA | Maria Cantwell | Original | Sep 12, 2018 |
| D-HI | Mazie K. Hirono | Original | Sep 12, 2018 |
| D-WI | Tammy Baldwin | Original | Sep 12, 2018 |
| D-IL | Tammy Duckworth | Original | Sep 12, 2018 |
| D-MN | Tina Smith | Original | Sep 12, 2018 |
| I-VT | Bernard Sanders | Sep 17, 2018 |
Actions 2
Everything that happened, newest first.
- Sep 12, 2018Introduced in Senate
- Sep 12, 2018Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 7026 | Women's Pension Protection Act of 2018 | Identical bill | Oct 2, 2018 |
Subjects
Assigned by the Library of Congress. Policy area: Labor and Employment.
- Civil actions and liability
- Consumer affairs
- Crime victims
- Crimes against women
- Domestic violence and child abuse
- Employee benefits and pensions
- Family relationships
- Financial literacy
- Financial services and investments
- Government information and archives
- Labor and Employment
- Separation, divorce, custody, support
- Temporary and part-time employment
- Women's employment
Text 1
Each version as it was printed, newest first.
- Sep 12, 2018Introduced in Senate
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.