H.R. 5877 · 117th Congress
Pension Risk Transfer Accountability Act of 2021
- Stage
- In committee
- Sponsor
- Frank Mrvan
- Introduced
- 2021-11-04
- Latest action
- 2021-11-04 · Introduced in House
Summary
Pension Risk Transfer Accountability Act of 2021
This bill requires the Department of Labor to (1) review the fiduciary standards that apply to the selection of an annuity provider for certain defined benefit pension plans, and (2) assess any risk to plan participants from such standards.