S.1969: Pension Security Act of 2002

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced Feb. 26, 2002
  • Latest Major Action Feb. 27, 2002

Bill Summary

Pension Security Act of 2002 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to require individual account plans, including those with cash or deferred arrangements under IRC section 401(k), to furnish quarterly pension benefit statements to plan participants and beneficiaries with rights to direct investments.Requires individual account plan administrators to give 30 days notice (except in specified circumstances) to plan...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sponsor introductory remarks on measure.
Feb. 26, 2002

Introduced in the Senate by Tim Hutchinson (R-Ark.)

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