US HB1439 | 2019-2020 | 116th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 28 2019 - 25% progression, died in committee
Action: 2019-02-28 - Referred to the House Committee on Education and Labor.
Pending: House Education and Labor Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Increasing Access to a Secure Retirement Act of 2019

Sponsors


History

DateChamberAction
2019-02-28HouseReferred to the House Committee on Education and Labor.
2019-02-28HouseIntroduced in House

Same As/Similar To

HB1007 (Related) 2019-02-06 - Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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.
HB1084 (Related) 2019-02-07 - Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, and the Budget, 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.
HB1994 (Related) 2019-06-03 - Received in the Senate.
HR389 (Similar To) 2019-05-21 - Motion to reconsider laid on the table Agreed to without objection.
HB1865 (Related) 2019-12-20 - Became Public Law No: 116-94. (TXT | PDF)

Subjects


US Congress State Sources


Bill Comments

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