S.2185: A bill to amend the Employee Retirement Income Security Act of 1974 to provide workers with individual account plans with information on how the assets in their accounts are invested and of the need to diversify the investment of the assets.

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about law
  • Introduced April 17, 2002
  • Latest Major Action April 17, 2002

Bill Sponsor

Bill Summary

Amends the Employee Retirement Income Security Act of 1974 to require individual account plan administrators to provide quarterly statements to participants and beneficiaries which include information on how their account assets are invested and on the need to diversify such investments.

(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.
April 17, 2002

Introduced in the Senate by Max Cleland (D-Ga.)

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