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Pension Risk Transfer Accountability Act of 2021
12/29/2022, 10:18 PM
Congressional Summary of S 3746
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.
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Current Status of Bill S 3746
Bill S 3746 is currently in the status of Bill Introduced since March 3, 2022. Bill S 3746 was introduced during Congress 117 and was introduced to the Senate on March 3, 2022. Bill S 3746's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of March 3, 2022
Bipartisan Support of Bill S 3746
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3746
Primary Policy Focus
Labor and EmploymentAlternate Title(s) of Bill S 3746
Pension Risk Transfer Accountability Act of 2021
Pension Risk Transfer Accountability Act of 2021
A bill to require the Secretary of Labor to review certain provisions of the Code of Federal Regulations related to fiduciary standards under the Employee Retirement Income Security Act of 1974, and for other purposes.
Comments
Sponsors and Cosponsors of S 3746
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