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Women’s Retirement Protection Act of 2019

USA116th CongressHR-2005| House 
| Updated: 4/1/2019
Lauren Underwood

Lauren Underwood

Democratic Representative

Illinois

Cosponsors (3)
Donald Norcross (Democratic)Janice D. Schakowsky (Democratic)Suzanne Bonamici (Democratic)

Financial Services Committee, Education and Workforce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Women's Retirement Protection Act of 2019 This bill modifies the requirements for pension plans under 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 survivors of domestic violence in obtaining qualified domestic relations orders and the benefits they are entitled to through the orders.
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Timeline
Apr 1, 2019

Latest Companion Bill Action

S 116-975
Introduced in Senate
Apr 1, 2019
Introduced in House
Apr 1, 2019
Referred to the Committee on Education and Labor, 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.
  • April 1, 2019

    Latest Companion Bill Action

    S 116-975
    Introduced in Senate


  • April 1, 2019
    Introduced in House


  • April 1, 2019
    Referred to the Committee on Education and Labor, 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 116-975: Women's Retirement Protection Act
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

Women’s Retirement Protection Act of 2019

USA116th CongressHR-2005| House 
| Updated: 4/1/2019
Women's Retirement Protection Act of 2019 This bill modifies the requirements for pension plans under 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 survivors 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
Apr 1, 2019

Latest Companion Bill Action

S 116-975
Introduced in Senate
Apr 1, 2019
Introduced in House
Apr 1, 2019
Referred to the Committee on Education and Labor, 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.
  • April 1, 2019

    Latest Companion Bill Action

    S 116-975
    Introduced in Senate


  • April 1, 2019
    Introduced in House


  • April 1, 2019
    Referred to the Committee on Education and Labor, 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.
Lauren Underwood

Lauren Underwood

Democratic Representative

Illinois

Cosponsors (3)
Donald Norcross (Democratic)Janice D. Schakowsky (Democratic)Suzanne Bonamici (Democratic)

Financial Services Committee, Education and Workforce Committee

Labor and Employment

Related Bills

  • S 116-975: Women's Retirement Protection Act
  • 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