Ask AI
S. 1927

Expanding Access to Retirement Act of 2019

Expanding Access to Retirement Act of 2019

This bill establishes limitations on defined contribution pension plans, such as 401(k) plans, offered by associations or groups of multiple employers. Specifically, the bill (1) specifies that these plans may be offered only by a bona fide group or association of employers or by a bona fide professional employer organization, and (2) establishes various requirements for each of these types of entities.

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sen. Kennedy, John [R-LA](R-LA)Sponsor
1committees2actions4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    Health, Education, Labor, and Pensions Committee
  2. IntroReferral10000

    Introduced in Senate

Expanding Access to Retirement Act of 2019 — Informed