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- H.R.2367
H.R.2367: Lifetime Income Disclosure Act
About This Bill
- Introduced April 25, 2019
- Latest Major Action April 25, 2019
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (3 Democrats, 2 Republicans)
Bill Version
- Introduced in House - April 25, 2019
Bill Summary
Lifetime Income Disclosure Act This bill requires 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" is the amount of monthly payments the participant or beneficiary would...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
April 25, 2019 |
Referred to the House Committee on Education and Labor.
|
April 25, 2019 |
Introduced in the House by Mark Pocan (D-Wis.) |