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- S.868
S.868: Lifetime Income Disclosure Act
About This Bill
- Introduced April 6, 2017
- Latest Major Action April 6, 2017
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - April 6, 2017
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)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
April 6, 2017 |
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
|
April 6, 2017 |
Introduced in the Senate by Johnny Isakson (R-Ga.) |