Senate Bill 1927
116th Congress(2019-2020)
Expanding Access to Retirement Act of 2019
Introduced
Introduced in Senate on Jun 20, 2019
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
1927
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 Senate votes have been held for this bill.
Summary
Expanding Access to Retirement Act of 2019
This bill establishes limitations on defined contribution pension plans, such as 401(k) plans, offered by associations or groups of multiple employers. Specifically, the bill (1) specifies that these plans may be offered only by a bona fide group or association of employers or by a bona fide professional employer organization, and (2) establishes various requirements for each of these types of entities.
June 20, 2019
06/20/2019
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
06/20/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 1:50:58 PM