US SB2110 | 2015-2016 | 114th Congress

Status

Spectrum: Strong Partisan Bill (Democrat 14-1)
Status: Introduced on September 30 2015 - 25% progression, died in committee
Action: 2015-09-30 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S7049)
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Women's Pension Protection Act of 2015 This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to: (1) extend spousal consent requirements 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 Bureau of Consumer Financial Protection 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 improve the financial literacy of women who are working age or in retirement.

Tracking Information

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Title

Women's Pension Protection Act of 2015

Sponsors


History

DateChamberAction
2015-09-30SenateRead twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S7049)

Same As/Similar To

HB4235 (Same As) 2016-03-23 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Subjects


US Congress State Sources


Bill Comments

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