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To amend the Employee Retirement Income Security Act of 1974 to provide for greater spousal protection under defined contribution plans, and for other purposes.

USA115th CongressHR-7026| House 
| Updated: 10/2/2018
Janice D. Schakowsky

Janice D. Schakowsky

Democratic Representative

Illinois

Cosponsors (2)
Donald Norcross (Democratic)Suzanne Bonamici (Democratic)

Financial Services Committee, Education and Workforce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Women's Pension Protection Act of 201 8 This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to: (1) extend spousal consent requirements that currently apply to defined benefit pension plans to defined contribution pension plans, and (2) allow certain long-term part-time workers to participate in pension plans that include either a qualified cash or deferred arrangement or a salary reduction agreement. Financial product or service providers who sell retirement financial products or services must provide purchasers of their products or services an easily accessible link to the website of the Consumer Financial Protection Bureau to obtain information relating to retirement planning or later life economic security. The Women's Bureau of the Department of Labor shall award grants to certain community-based organizations to: (1) improve the financial literacy of women who are working age or in retirement, and (2) assist low-income women and victims of domestic violence in obtaining qualified domestic relations orders and the benefits they are entitled to through the orders.
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Timeline
Sep 12, 2018

Latest Companion Bill Action

S 115-3436
Introduced in Senate
Oct 2, 2018
Introduced in House
Oct 2, 2018
Referred to the Committee on Education and the Workforce, and in addition to the Committee on Financial Services, 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.
  • September 12, 2018

    Latest Companion Bill Action

    S 115-3436
    Introduced in Senate


  • October 2, 2018
    Introduced in House


  • October 2, 2018
    Referred to the Committee on Education and the Workforce, and in addition to the Committee on Financial Services, 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.

Labor and Employment

Related Bills

  • S 115-3436: A bill to amend the Employee Retirement Income Security Act of 1974 to provide for greater spousal protection under defined contribution plans, and for other purposes.
Civil actions and liabilityConsumer affairsCrimes against womenCrime victimsDomestic violence and child abuseEmployee benefits and pensionsFamily relationshipsFinancial literacyFinancial services and investmentsGovernment information and archivesSeparation, divorce, custody, supportTemporary and part-time employmentWomen's employment

To amend the Employee Retirement Income Security Act of 1974 to provide for greater spousal protection under defined contribution plans, and for other purposes.

USA115th CongressHR-7026| House 
| Updated: 10/2/2018
Women's Pension Protection Act of 201 8 This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to: (1) extend spousal consent requirements that currently apply to defined benefit pension plans to defined contribution pension plans, and (2) allow certain long-term part-time workers to participate in pension plans that include either a qualified cash or deferred arrangement or a salary reduction agreement. Financial product or service providers who sell retirement financial products or services must provide purchasers of their products or services an easily accessible link to the website of the Consumer Financial Protection Bureau to obtain information relating to retirement planning or later life economic security. The Women's Bureau of the Department of Labor shall award grants to certain community-based organizations to: (1) improve the financial literacy of women who are working age or in retirement, and (2) assist low-income women and victims of domestic violence in obtaining qualified domestic relations orders and the benefits they are entitled to through the orders.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 12, 2018

Latest Companion Bill Action

S 115-3436
Introduced in Senate
Oct 2, 2018
Introduced in House
Oct 2, 2018
Referred to the Committee on Education and the Workforce, and in addition to the Committee on Financial Services, 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.
  • September 12, 2018

    Latest Companion Bill Action

    S 115-3436
    Introduced in Senate


  • October 2, 2018
    Introduced in House


  • October 2, 2018
    Referred to the Committee on Education and the Workforce, and in addition to the Committee on Financial Services, 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.
Janice D. Schakowsky

Janice D. Schakowsky

Democratic Representative

Illinois

Cosponsors (2)
Donald Norcross (Democratic)Suzanne Bonamici (Democratic)

Financial Services Committee, Education and Workforce Committee

Labor and Employment

Related Bills

  • S 115-3436: A bill to amend the Employee Retirement Income Security Act of 1974 to provide for greater spousal protection under defined contribution plans, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Civil actions and liabilityConsumer affairsCrimes against womenCrime victimsDomestic violence and child abuseEmployee benefits and pensionsFamily relationshipsFinancial literacyFinancial services and investmentsGovernment information and archivesSeparation, divorce, custody, supportTemporary and part-time employmentWomen's employment