US HB2792 | 2009-2010 | 111th Congress
Status
June 10 2009 - Referred to the House Committee on Education and Labor.
Text: Latest bill text (Introduced) [PDF]
Text: Latest bill text (Introduced) [PDF]
Summary
Retirement Savings Transparency Act of 2009 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to require, for calendar quarters beginning on or after January 1, 2010, pension benefit statements of individual account plans which permit a participant or beneficiary to direct the investment of plan assets to include appropriate and consistent points of comparison (including differences between classes and types of investments) for: (1) fees assessed in connection with each investment option made available for election under the plan; and (2) historic returns net of fees and expenses for each investment option for the previous year, 5 years, and 10 years (or for the period since inception, if shorter), including a separate point of comparison with respect to each time period.
Title
Retirement Savings Transparency Act of 2009
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2009-06-10 | Referred to the House Committee on Education and Labor. | |
| 2009-06-10 | Sponsor introductory remarks on measure. (CR E1368-1369) |
Subjects
Consumer affairs
Employee benefits and pensions
Financial services and investments
Labor and employment
User charges and fees
Employee benefits and pensions
Financial services and investments
Labor and employment
User charges and fees
US Congress State Sources
| Type | Source |
|---|---|
| Summary | http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HN02792:@@@L&summ2=m& |
| Text | http://gpo.gov/fdsys/pkg/BILLS-111hr2792ih/pdf/BILLS-111hr2792ih.pdf |
