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115-hr-4158115th Congress
Retirement Plan Modernization Act
Sponsored By: Representative Walberg, Tim [R-MI-5]
Unknown
Summary
Retirement Plan Modernization Act This bill amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to increase from $5,000 to $7,600 the amount of accrued benefits in a pension plan that may be immediately distributed without the consent of the participant. The bill also requires the increased limit to be adjusted for inflation after 2018.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Walberg, Tim [R-MI-5]
MI • R
Cosponsors
Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large]
MP • D
Sponsored 10/26/2017
Rep. Roskam, Peter J. [R-IL-6]
IL • R
Sponsored 1/29/2018
Rep. Norcross, Donald [D-NJ-1]
NJ • D
Sponsored 5/16/2018
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov