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HOUSE 2741117th CongressReferred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Public Service Retirement Fairness Act of 2021

Last Action
4/21/2021

Actions

  • 2021-04-21Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 2021-04-21Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 2021-04-21Introduced in House
  • 2021-04-21Introduced in House

CRS Summary

As of 2021-04-21 (00)

Public Service Retirement Fairness Act of 2021

This bill expands the ability of 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, nonprofits, and churches) to invest in collective investment trusts, which are a group of pooled investment assets held by a bank or trust company.

Cosponsors (5)

  • Ron Estes (R-KS)
  • Brendan Boyle (D-PA)
  • Darin LaHood (R-IL)
  • Madeleine Dean (D-PA)
  • Andy Barr (R-KY)

Subjects

  • Employee benefits and pensions
  • Financial services and investments
  • Government employee pay, benefits, personnel management
  • Religion
  • Social work, volunteer service, charitable organizations
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.