House Bill 408
116th Congress(2019-2020)
Sustainable Pension Plan Act of 2019
Introduced
Introduced in House on Jan 9, 2019
Origin Chamber
House
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
408
Congress
116
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.
No House votes have been held for this bill.
Summary
Sustainable Pension Plan Act of 2019
This bill requires the Government Accountability Office (GAO) to study and report on the pension system for the employees of the government of the U.S. Virgin Islands (known as the Government Employees Retirement System).
The GAO study must analyze (1) the benefits provided, including a comparison to those offered to private employees; and (2) whether the system is adequately funded.
The study must also recommend actions that may be necessary to ensure that the system can be sustainably maintained and funded by the U.S Virgin Islands for the next 20 years.
January 9, 2019
01/09/2019
Referred to the House Committee on Natural Resources.
01/09/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:49:20 PM