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S 757 105th Congress Senate

Savings Are Vital to Everyone's Retirement Act of 1997

Official title: A bill to amend the Employee Retirement Savings Act of 1974 to promote retirement income savings through the establishment of an outreach program in the Depart… Show full official titleShow less

Official title: A bill to amend the Employee Retirement Savings Act of 1974 to promote retirement income savings through the establishment of an outreach program in the Department of Labor and periodic National Summits on Retirement Savings.

Introduced: June 11, 1997 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 16, 1997
Read twice and referred to the Committee on Labor and Human Resources.
May 16, 1997
Sponsor introductory remarks on measure. (CR S4658)
May 16, 1997
Introduced in Senate
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 Latest action May 16, 1997

Read twice and referred to the Committee on Labor and Human Resources.

 Plain-English summary Congressional Research Service

Savings Are Vital to Everyone's Retirement Act of 1997 - Amends the Employee Retirement Income Security Act of 1974 to direct the Secretary of Labor to maintain an ongoing public outreach program to effectively promote retirement income savings by workers through: (1) public service announcements; (2) public meetings; (3) educational materials; and (4) a permanent site on the Internet. Requires such program to disseminate information including: (1) a description of the common types of retirement income savings arrangements available to both individuals and employers, including small businesses; (2) a means for individuals to calculate their estimated retirement savings needs; and (3) an explanation for employers of how to establish and maintain different retirement savings arrangements for their workers.

Directs the President to convene a National Summit on Retirement Savings no later than June 1, 1998, and again in September 2001 and September 2005. Authorizes appropriations.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Collins, Susan M.
Maine · Jun 11, 1997
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APA
U.S. Congress. (2026). S. 757: Savings Are Vital to Everyone's Retirement Act of 1997. 105th Congress. Open America. https://openamerica.io/bill/105-S-757/
MLA
"S. 757: Savings Are Vital to Everyone's Retirement Act of 1997." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-S-757/.
Bluebook (legal)
S. 757, 105th Cong. (2026), https://openamerica.io/bill/105-S-757/.
Markdown link
[S. 757: Savings Are Vital to Everyone's Retirement Act of 1997](https://openamerica.io/bill/105-S-757/)
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