HR 3942
118th Congress
House
Labor and Employment
Lifetime Income For Employees Act
Introduced: June 9, 2023
Introduced by:
Norcross, Donald
Democratic
· New Jersey
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 9, 2023
Referred to the House Committee on Education and the Workforce.
Jun 9, 2023
Introduced in House
Plain-English summary
Lifetime Income For Employees Act
This bill allows fiduciaries of pension plans to make default investment arrangements in annuity contracts upon providing certain notice to plan participants or beneficiaries and complying with certain prohibitions on liquidity restrictions.
What's happening now
Referred to the House Committee on Education and the Workforce.
Committees of jurisdiction
1
Cosponsors
1