H.R.2055: Lifetime Income Disclosure Act

About This Bill

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Bill Summary

Lifetime Income Disclosure Act This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to require pension benefit statements to include a lifetime income disclosure at least once during any 12-month period. The disclosure must set forth the lifetime income stream equivalent of the total benefits accrued with respect to the participant or beneficiary. The "lifetime income stream equivalent of the total benefits accrued"...

(Source: Library of Congress)

Bill Actions

Date Description
April 6, 2017
Referred to the House Committee on Education and the Workforce.
April 6, 2017

Introduced in the House by Luke Messer (R-Ind.)

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