HR 2741 · 117th Congress · Labor and Employment
Public Service Retirement Fairness Act of 2021
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Committee on Financial Services, 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.(2021-04-21)
Plain Language Summary
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Public Service Retirement Fairness Act of 2021 This bill expands the ability of 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, nonprofits, and churches) to invest in collective investment trusts, which are a group of pooled investment assets held by a bank or trust company.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (5)
2 Democrats3 Republicans