Bill Sponsor
Senate Bill 3795
115th Congress(2017-2018)
Receiving Electronic Statements To Improve Retiree Earnings Act
Introduced
Introduced
Introduced in Senate on Dec 19, 2018
Overview
Text
Introduced
Dec 19, 2018
Latest Action
Dec 19, 2018
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3795
Congress
115
Policy Area
Labor and Employment
Labor and Employment
Primary focus of measure is matters affecting hiring and composition of the workforce, wages and benefits, labor-management relations; occupational safety, personnel management, unemployment compensation. Measures concerning public-sector employment may fall under Government Operations and Politics policy area.
Sponsorship by Party
Senate Votes (0)
House Votes (0)
No Senate votes have been held for this bill.
Summary

Receiving Electronic Statements To Improve Retiree Earnings Act

This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to authorize the electronic delivery of pension plan documents required to be furnished to a plan participant, beneficiary, or other individual.

The system for furnishing such a document must: (1) be designed to result in effective access to the document, (2) permit the recipient to select the electronic means through which the document is received or request paper documents, and (3) protect the confidentiality of personal information.

An annual paper notice must be provided describing:

  • the selection of electronic means for furnishing documents,
  • the right to modify the selection or to elect to receive paper versions of the documents at no additional direct cost and how to make the election, and
  • any election that has been made to receive paper documents.

An electronically furnished document must be prepared and furnished in a manner that is consistent with the style, format, and content requirements for the document. It must also include a notice that apprises the individual of the significance of the document when it is not otherwise reasonably evident as transmitted.

Text (1)
December 19, 2018
Actions (2)
12/19/2018
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
12/19/2018
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:40:38 PM