# 114-hr-2317: Lifetime Income Disclosure Act

114-hr-2317, Lifetime Income Disclosure Act, is a 114th Congress bill sponsored by Rep. Messer, Luke [R-IN-6] (R-IN); status Referred to the Subcommittee on Health, Employment, Labor, and Pensions. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-2317
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-2317
- Congress: 114
- Title: Lifetime Income Disclosure Act
- Status: Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
- Introduced: 2015-05-14
- Sponsor: Rep. Messer, Luke [R-IN-6] (R-IN)
- Cosponsors: 4
- Policy area: Labor and Employment
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Lifetime Income Disclosure Act Amends the Employee Retirement Income Security Act of 1974 (ERISA) to require the quarterly pension benefit statement furnished to a participant or beneficiary with the right to direct the investment of assets in his or her account under an individual account plan to include a lifetime income disclosure at least once during any 12-month period. Requires such lifetime income disclosure to set forth the lifetime income stream equivalent of the participant's or beneficiary's total benefits accrued. Defines a lifetime income stream equivalent of the total benefits accrued as the monthly annuity payment the participant or beneficiary would receive if those total accrued benefits were used to provide lifetime income streams to a qualified joint and survivor annuitant. Directs the Secretary of Labor to: issue a model lifetime income disclosure, written in a manner which can be understood by the average plan participant; and prescribe assumptions that plan administrators may use in converting total accrued benefits into lifetime income stream equivalents. Declares that no plan fiduciary, plan sponsor, or other person shall have any liability under ERISA solely by reason of the provision of lifetime income stream equivalents derived in accordance with such assumptions and related rules and including explanations contained in the model lifetime income disclosure.

## Cosponsors (4)

- Rep. Pocan, Mark [D-WI-2] (D-WI), 2015-05-14T00:00:00.000Z
- Rep. Reichert, David G. [R-WA-8] (R-WA), 2015-05-14T00:00:00.000Z
- Rep. Polis, Jared [D-CO-2] (D-CO), 2015-05-14T00:00:00.000Z
- Rep. Kind, Ron [D-WI-3] (D-WI), 2015-05-14T00:00:00.000Z

## Related bills

- 114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Doby in recognition of his achievements and contributions to American major league…
- 114-hr-4626: BRACE Act
- 114-hr-3381: Childhood Cancer STAR Act
- 114-hr-2096: Promotion and Expansion of Private Employee Ownership Act of 2015
- 114-hr-1475: Korean War Veterans Memorial Wall of Remembrance Act
- 114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016

## Sources
- [114-hr-2317 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/2317)

## Related
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-4626: BRACE Act](https://policyrisk.com/legislation/114-hr-4626)
- [114-hr-3381: Childhood Cancer STAR Act](https://policyrisk.com/legislation/114-hr-3381)
- [114-hr-2096: Promotion and Expansion of Private Employee Ownership Act of 2015](https://policyrisk.com/legislation/114-hr-2096)
- [114-hr-1475: Korean War Veterans Memorial Wall of Remembrance Act](https://policyrisk.com/legislation/114-hr-1475)
- [114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016](https://policyrisk.com/legislation/114-hr-5292)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-2317 (as of 2025-11-18).