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Unclaimed Retirement Rescue Plan

10/9/2025, 8:06 AM

Summary of Bill HR 5325

H.R. 5325 in the 119th Congress, introduced on September 11, 2025, aims to direct the Secretary of Labor to issue a regulation enabling administrators of specific pension plans to transfer unclaimed retirement distributions voluntarily to State unclaimed property programs.

Current Status of Bill HR 5325

Bill HR 5325 is currently in the status of Bill Introduced since September 11, 2025. Bill HR 5325 was introduced during Congress 119 and was introduced to the House on September 11, 2025.  Bill HR 5325's most recent activity was Referred to the Committee on Education and Workforce, 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 September 11, 2025

Bipartisan Support of Bill HR 5325

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
0
Republican Cosponsors
3
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5325

Primary Policy Focus

Labor and Employment

Alternate Title(s) of Bill HR 5325

To direct the Secretary of Labor to promulgate a regulation allowing administrators of certain pension plans to voluntarily transfer unclaimed retirement distributions to State unclaimed property programs.
To direct the Secretary of Labor to promulgate a regulation allowing administrators of certain pension plans to voluntarily transfer unclaimed retirement distributions to State unclaimed property programs.

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