Public Service Retirement Fairness Act of 2020

House Bill 6257 - Public Service Retirement Fairness Act of 2020: Overview, Status, and Impact

Hozzl · 2022-04-29T16:30:19Z

Explore the details of House Bill 6257 Public Service Retirement Fairness Act of 2020 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Labor and Employment. Stay informed on legislative developments.

4/29/2022, 4:30 PM

Congressional Summary of HR 6257

Public Service Retirement Fairness Act of 2020

This bill expands the ability of 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, nonprofits, and churches) to invest in collective investment trusts, which are groups of pooled investment assets held by a bank or trust company.

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Current Status of Bill HR 6257

Bill HR 6257 is currently in the status of Bill Introduced since March 12, 2020. Bill HR 6257 was introduced during Congress 116 and was introduced to the House on March 12, 2020. Bill HR 6257's most recent activity was Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of March 12, 2020