Bill116th CongressFiled Dec 16, 2020Labor and Employment
H.R. 8990
Lifetime Income For Employees Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Dec 16, 2020)
Lifetime Income For Employees Act
This bill allows fiduciaries of pension plans to make default investment arrangements in annuity contracts upon providing certain notice to plan participants or beneficiaries and complying with certain prohibitions on liquidity restrictions.
What just happenedDec 16, 2020
Referred to the House Committee on Education and Labor.
Who’s behind it
Rep. Norcross, Donald [D-NJ-1](D-NJ)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions
- Introduced in HouseDec 16, 2020
- Dec 16, 2020IntroReferralH11100
Referred to the House Committee on Education and Labor.
Education and the Workforce Committee - Dec 16, 2020IntroReferralIntro-H
Introduced in House
- Dec 16, 2020IntroReferral1000
Introduced in House