H.R. 6912 · 117th Congress
Pooled Employer Plan Fix Act
- Stage
- In committee
- Sponsor
- Rick Allen
- Introduced
- 2022-03-03
- Latest action
- 2022-03-03 · Introduced in House
Summary
Pooled Employer Plan Fix Act
This bill requires pooled employer retirement plans to designate a named fiduciary to collect contributions to the plan and implement written contribution collection procedures that are reasonable, diligent, and systematic. Current law requires a plan to designate one or more trustees to perform these tasks.