H.R. 2741 · 117th Congress
Public Service Retirement Fairness Act of 2021
- Stage
- In committee
- Sponsor
- Jimmy Panetta
- Introduced
- 2021-04-21
- Latest action
- 2021-04-21 · Introduced in House
Summary
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.