H.R. 1439
Referred to CommitteeIncreasing Access to a Secure Retirement Act of 2019
Latest Action
Referred to the House Committee on Education and Labor.
2/28/2019 • House
Summary
Increasing Access to a Secure Retirement Act of 2019
This bill specifies optional measures that a fiduciary for a pension plan may take in selecting an insurer for a guaranteed retirement income contract to assure that the fiduciary meets the prudent man standard of care required under the Employee Retirement Income Security Act of 1974 (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.
Introduced in House • 2/28/2019
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (8)
Party Breakdown
Sponsor
Cosponsors (7)
Bill Journey
Originated in the House
Introduced
February 28, 2019
Referred to the House Committee on Education and Labor.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Related Bills (5)
H.R. 1865
Further Consolidated Appropriations Act, 2020
H.R. 1994
Setting Every Community Up for Retirement Enhancement Act of 2019
H.R. 1007
Retirement Enhancement and Savings Act of 2019
H.R. 1084
Family Savings Act of 2019
H.R. 4604
Increasing Access to a Secure Retirement Act of 2017