No Discrimination in My Benefits Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 5338 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 5338 To amend the Employee Retirement Income Security Act of 1974 to establish that fiduciaries must act with prudence and loyalty when selecting service providers for pension plans. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 5, 2023 Mr. Good of Virginia introduced the following bill; which was referred to the Committee on Education and the Workforce _______________________________________________________________________ A BILL To amend the Employee Retirement Income Security Act of 1974 to establish that fiduciaries must act with prudence and loyalty when selecting service providers for pension plans. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``No Discrimination in My Benefits Act''. SEC. 2. SELECTION OF SERVICE PROVIDERS. Section 404(a)(1) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1104(a)(1)) is amended--…