HR 6912 · 117th Congress · Labor and Employment
Pooled Employer Plan Fix Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Education and Labor.(2022-03-03)
Plain Language Summary
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Pooled Employer Plan Fix Act This bill requires pooled employer retirement plans to designate a named fiduciary to collect contributions to the plan and implement written contribution collection procedures that are reasonable, diligent, and systematic. Current law requires a plan to designate one or more trustees to perform these tasks.…
Summarized by Claude AI · Non-partisan · For informational purposes only