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Retirement Enhancement Act of 2001

Introduced: December 11, 2001 See on congress.gov
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 5, 2002
Referred to the Subcommittee on Employer-Employee Relations.
Jan 28, 2002
Referred to the Subcommittee on Military Personnel.
Jan 28, 2002
Executive Comment Requested from DOD.
Jan 15, 2002
Referred to the Subcommittee on the Civil Service and Agency Organization.
Dec 13, 2001
Sponsor introductory remarks on measure. (CR E2304)
Dec 11, 2001
Referred to the Committee on Education and the Workforce, and in addition to the Committees on Armed Services, and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Dec 11, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Retirement Enhancement Act of 2001 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise or provide pension plan requirements for: (1) plan coverage and participation, defined contribution plan benefit vesting, and simplified pension plans; (2) various pension protections for spouses (under both ERISA and the Civil Service Retirement Spouse Equity Act of 1984); (3) simplified investment standards, including disclosure regarding investments and voting of proxies, diversification in defined contribution investments, diversification of investments under employee stock ownership plans by participants and beneficiaries over 55 years of age; (4) pension information reporting and enforcement for defined benefit plans and multiemployer plans; and (5) various pension protections for a changing workforce, including pension plan qualified loans for health insurance and job training expenses of participants or beneficiaries, immediate distributions if rolled over to qualified plans, prompt distributions from defined contribution plans upon termination of participants' covered employment, and an extended period for recoupment of overpayments.
What's happening now April 5, 2002

Referred to the Subcommittee on Employer-Employee Relations.

 Committees of jurisdiction 6