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HR 408 116th Congress House Labor and Employment Congressional oversight Employee benefits and pensions Government employee pay, benefits, personnel management Government studies and investigations U.S. territories and protectorates Virgin Islands

Sustainable Pension Plan Act of 2019

Introduced: January 9, 2019 Introduced by: Plaskett, Stacey E. Democratic · Virgin Islands See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 9, 2019
Referred to the House Committee on Natural Resources.
Jan 9, 2019
Introduced in House
 Plain-English summary Congressional Research Service

Sustainable Pension Plan Act of 2019

This bill requires the Government Accountability Office (GAO) to study and report on the pension system for the employees of the government of the U.S. Virgin Islands (known as the Government Employees Retirement System).

The GAO study must analyze (1) the benefits provided, including a comparison to those offered to private employees; and (2) whether the system is adequately funded.

The study must also recommend actions that may be necessary to ensure that the system can be sustainably maintained and funded by the U.S Virgin Islands for the next 20 years.

What's happening now January 9, 2019

Referred to the House Committee on Natural Resources.

 Committees of jurisdiction 1