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116-hr-5676116th Congress

Retirement Plan Modernization Act

Sponsored By: Representative Sablan, Gregorio Kilili Camacho [D-MP-At Large]

Unknown

Summary

Retirement Plan Modernization Act This bill increases from $5,000 to $8,000 the amount of accrued benefits in a private 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 2019.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Sablan, Gregorio Kilili Camacho [D-MP-At Large]

MP • D

Cosponsors

  • Rep. Walberg, Tim [R-MI-5]

    MI • R

    Sponsored 1/24/2020

Roll Call Votes

No roll call votes available for this bill.

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