Skip to main content
HR 1962 115th Congress House Taxation Employee benefits and pensions Income tax deferral

Retirement Security Preservation Act of 2017

Introduced: April 5, 2017 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 5, 2017
Referred to the House Committee on Ways and Means.
Apr 5, 2017
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Retirement Security Preservation Act of 2017

This bill amends the Internal Revenue Code to modify the nondiscrimination requirements for certain defined benefit retirement plans that limit participation or certain features to a closed class, such as individuals who were hired before a certain date.

(Under current law, the plans may not discriminate in favor of highly compensated employees and must meet minimum participation requirements.)

The bill applies only to a defined benefit plan that: (1) closed before April 5, 2017; or (2) was in effect for at least five years when it closed and did not substantially increase the coverage or value of the benefits, rights, or features for the closed class during the five-year period before it closed, except as the result of certain business acquisitions or mergers.

Such a plan meets the nondiscrimination requirements if it: (1) satisfies certain testing rules for the year that the class closes and the two succeeding plan years, and (2) is not amended in a discriminatory manner after the class is closed.

A defined contribution plan that offers additional contributions or benefits to a closed class whose benefits under a defined benefit plan have been reduced or eliminated meets the nondiscrimination requirements if: (1) the group receiving the contributions or benefits satisfies certain testing rules for the year in which the group is closed and for two subsequent plan years, and (2) the plan is not amended in a discriminatory manner.

A defined benefit plan that is either closed or has ceased benefit accruals for all participants (frozen plan) satisfies the minimum participation requirements if the plan met the requirements when it was closed or frozen.

What's happening now April 5, 2017

Referred to the House Committee on Ways and Means.

 Related & companion bills 5
  • HR 6757 Related bill Family Savings Act of 2018
  • HR 88 Related bill Shiloh National Military Park Boundary Adjustment and Parker's Crossroads Battlefield Designation Act
  • S 2526 Related bill Retirement Enhancement and Savings Act of 2018
  • HR 1 Related bill An act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal …
  • S 852 Identical bill Retirement Security Preservation Act of 2017
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Neal, Richard E.
Massachusetts · Apr 5, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1962: Retirement Security Preservation Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-1962/
MLA
"H.R. 1962: Retirement Security Preservation Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-1962/.
Bluebook (legal)
H.R. 1962, 115th Cong. (2026), https://openamerica.io/bill/115-HR-1962/.
Markdown link
[H.R. 1962: Retirement Security Preservation Act of 2017](https://openamerica.io/bill/115-HR-1962/)
Report a problem