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S 3746 117th Congress Senate Labor and Employment

Pension Risk Transfer Accountability Act of 2021

Introduced: March 3, 2022 Introduced by: Murphy, Christopher Democratic · Connecticut See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 3, 2022
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Mar 3, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

Pension Risk Transfer Accountability Act of 2021

This bill requires the Department of Labor to (1) review the fiduciary standards that apply to the selection of an annuity provider for certain defined benefit pension plans, and (2) assess any risk to plan participants from such standards.

What's happening now March 3, 2022

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Committees of jurisdiction 1