H.R. 3942 · 118th Congress
Lifetime Income For Employees Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
NorcrossSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Lifetime Income For Employees Act This bill allows fiduciaries of pension plans to make default investment arrangements in annuity contracts upon providing certain notice to plan participants or beneficiaries and complying with certain prohibitions on liquidity restrictions.
What it does: CRS summary · Introduced in House · Jun 9, 2023
Lifetime Income For Employees Act
This bill allows fiduciaries of pension plans to make default investment arrangements in annuity contracts upon providing certain notice to plan participants or beneficiaries and complying with certain prohibitions on liquidity restrictions.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Lifetime Income For Employees Act
Latest action (Jun 9, 2023): Referred to the House Committee on Education and the Workforce.
Policy area: Labor and Employment · Origin: House · Introduced: Jun 9, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.