Public Service Retirement Fairness Act of 2020

Bill Number

HR 6257

Introduced

Mar 12, 2020

Latest Action

Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be ...

Sponsor

Cosponsors

Topics

Employee benefits and pensions Financial services and investments Government employee pay, benefits, personnel management Labor and Employment Religion Social work, volunteer service, charitable organizations

Full Text

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Votes

Summary

Public Service Retirement Fairness Act of 2020

This bill expands the ability of 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, nonprofits, and churches) to invest in collective investment trusts, which are groups of pooled investment assets held by a bank or trust company.

Actions

Mar 12, 2020

Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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.
Mar 12, 2020

Introduced in House

Amendments

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