S.1953: National Employee Savings and Trust Equity Guarantee Act of 2005

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about congress
  • Introduced Nov. 2, 2005
  • Latest Major Action Nov. 2, 2005

Bill Summary

National Employee Savings and Trust Equity Guarantee Act of 2005 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (IRC) to revise and establish requirements relating to pension plans, including plan funding, limitations on benefits which underfunded plans may provide, diversification of assets, and worker access to and information about their plans.Title I: Diversification Rights and Other...

(Source: Library of Congress)

Bill Actions

Date Description
Committee on Finance ordered to be reported an original measure.
Committee on Finance. Original measure reported to Senate by Senator Grassley. With written report No. 109-174.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 276.
Nov. 2, 2005

Introduced in the Senate by Charles E. Grassley (R-Iowa)

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