HR 4235 114th Congress House Labor and Employment Civil actions and liability Consumer affairs Employee benefits and pensions Family relationships Financial literacy Financial services and investments Government information and archives Temporary and part-time employment Women's employment

Women's Pension Protection Act of 2015

Introduced: December 10, 2015 Introduced by: Schakowsky, Janice D. Democratic · Illinois See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 23, 2016

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Dec 10, 2015

Referred to the Committee on Education and the Workforce, and in addition to the Committee on Financial Services, 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 10, 2015

Introduced in House

Plain-English summary Congressional Research Service

Women's Pension Protection Act of 2015

This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to: (1) extend spousal consent requirements to defined contribution pension plans, and (2) allow certain long-term part-time workers to participate in pension plans that include either a qualified cash or deferred arrangement or a salary reduction agreement.

Financial product or service providers who sell retirement financial products or services must provide purchasers of their products or services an easily accessible link to the website of the Bureau of Consumer Financial Protection to obtain information relating to retirement planning or later life economic security.

The Women's Bureau of the Department of Labor shall award grants to certain community-based organizations to improve the financial literacy of women who are working age or in retirement.

What's happening now March 23, 2016

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Committees of jurisdiction 3