LEGISLATION/H.R. 5877

Pension Risk Transfer Accountability Act of 2021

117-HR-5877117th CongressIntroduced Nov 4, 2021Labor and Employment
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Education and Labor.

Sponsor

Rep. Mrvan, Frank J. [D-IN-1](D-IN-1)

Summary

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.

Actions (3)

Referred to the House Committee on Education and Labor.
Nov 4, 2021House floor actions
Introduced in House
Nov 4, 2021Library of Congress
Introduced in House
Nov 4, 2021Library of Congress