S.3389: State Retirement Savings Act of 2016

About This Bill

  • Introduced Sept. 22, 2016
  • Latest Major Action Sept. 22, 2016

Bill Summary

State Retirement Savings Act of 2016 This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to authorize and establish requirements for: (1) state-sponsored multiple employer retirement plans, and (2) state-managed payroll deduction savings programs that provide individual retirement plans.

(Source: Library of Congress)

Bill Actions

Date Description
Sept. 22, 2016
Read twice and referred to the Committee on Finance.
Sept. 22, 2016

Introduced in the Senate by Martin Heinrich (D-N.M.)

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