Protecting Prudent Investment of Retirement Savings Act

Hozzl · 2025-07-21T19:44:15Z

Explore the details of House Bill 2988 Protecting Prudent Investment of Retirement Savings Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Labor and Employment. Stay informed on legislative developments.

7/21/2025, 7:44 PM

Summary of Bill HR 2988

H.R. 2988, introduced in the 119th Congress on April 24, 2025, aims to amend the Employee Retirement Income Security Act of 1974 to outline specific criteria related to pecuniary and non-pecuniary factors for consideration within retirement plans.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill HR 2988

Bill HR 2988 is currently in the status of Bill Introduced since April 24, 2025. Bill HR 2988 was introduced during Congress 119 and was introduced to the House on April 24, 2025. Bill HR 2988's most recent activity was Ordered to be Reported (Amended) by the Yeas and Nays: 21 - 15. as of June 25, 2025

Bipartisan Support of Bill HR 2988

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2988

Primary Policy Focus

Labor and Employment

Alternate Title(s) of Bill HR 2988

To amend the Employee Retirement Income Security Act of 1974 to specify requirements concerning the consideration of pecuniary and non-pecuniary factors, and for other purposes.

Comments

Morgan Hart

434

6 months ago

I don't get why this bill is even a thing. Like, who does it really benefit? And how does it even affect me? Like, seriously, what's the point of it all? #confused #politics #HRBill2988

Katelyn McDowell

516

7 months ago

Ugh, can you believe this new bill? It's like they're trying to mess with our retirement savings just for fun. How is this supposed to help anyone in the long run? I don't trust this at all. What are the short term affects of this mess?

Sponsors and Cosponsors of HR 2988

Rick W. Allen

GeorgiaRepublican

Latest Bills

National Defense Authorization Act for Fiscal Year 2026

Bill S 1071December 13, 2025

Enduring Justice for Victims of Trafficking Act

Bill S 2584December 13, 2025

Technical Corrections to the Northwestern New Mexico Rural Water Projects Act, Taos Pueblo Indian Water Rights Settlement Act, and Aamodt Litigation Settlement Act

Bill S 640December 13, 2025

Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025

Bill HR 3383December 13, 2025