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Retirement Plan Modernization Act

USA116th CongressHR-5676| House 
| Updated: 1/24/2020
Gregorio Kilili Camacho Sablan

Gregorio Kilili Camacho Sablan

Democratic Representative

Northern Mariana Islands

Cosponsors (1)
Tim Walberg (Republican)

Ways and Means Committee, Education and Workforce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Retirement Plan Modernization Act This bill increases from $5,000 to $8,000 the amount of accrued benefits in a private pension plan that may be immediately distributed without the consent of the participant. The bill also requires the increased limit to be adjusted for inflation after 2019.
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Timeline
Jan 24, 2020
Introduced in House
Jan 24, 2020
Referred to the Committee on Education and Labor, 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.
  • January 24, 2020
    Introduced in House
  • January 24, 2020
    Referred to the Committee on Education and Labor, 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.

Labor and Employment

Employee benefits and pensionsInflation and prices

Retirement Plan Modernization Act

USA116th CongressHR-5676| House 
| Updated: 1/24/2020
Retirement Plan Modernization Act This bill increases from $5,000 to $8,000 the amount of accrued benefits in a private pension plan that may be immediately distributed without the consent of the participant. The bill also requires the increased limit to be adjusted for inflation after 2019.
View Full Text

Suggested Questions

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

Timeline
Jan 24, 2020
Introduced in House
Jan 24, 2020
Referred to the Committee on Education and Labor, 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.
  • January 24, 2020
    Introduced in House
  • January 24, 2020
    Referred to the Committee on Education and Labor, 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.
Gregorio Kilili Camacho Sablan

Gregorio Kilili Camacho Sablan

Democratic Representative

Northern Mariana Islands

Cosponsors (1)
Tim Walberg (Republican)

Ways and Means Committee, Education and Workforce Committee

Labor and Employment

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employee benefits and pensionsInflation and prices