# 116-hr-6257: Public Service Retirement Fairness Act of 2020

116-hr-6257, Public Service Retirement Fairness Act of 2020, is a 116th Congress bill sponsored by Rep. Panetta, Jimmy [D-CA-19] (D-CA); status Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6257
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-6257
- Congress: 116
- Title: Public Service Retirement Fairness Act of 2020
- Status: Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2020-03-12
- Sponsor: Rep. Panetta, Jimmy [D-CA-19] (D-CA)
- Cosponsors: 11
- Policy area: Labor and Employment
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Public Service Retirement Fairness Act of 2020 This bill expands the ability of 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, nonprofits, and churches) to invest in collective investment trusts, which are groups of pooled investment assets held by a bank or trust company.

## Cosponsors (11)

- Rep. Estes, Ron [R-KS-4] (R-KS), 2020-03-12T00:00:00.000Z
- Rep. Boyle, Brendan F. [D-PA-2] (D-PA), 2020-03-12T00:00:00.000Z
- Rep. LaHood, Darin [R-IL-16] (R-IL), 2020-03-12T00:00:00.000Z
- Rep. Dean, Madeleine [D-PA-4] (D-PA), 2020-03-12T00:00:00.000Z
- Rep. Barr, Andy [R-KY-6] (R-KY), 2020-03-12T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2020-06-15T00:00:00.000Z
- Rep. Davis, Danny K. [D-IL-7] (D-IL), 2020-06-15T00:00:00.000Z
- Rep. Murphy, Stephanie N. [D-FL-7] (D-FL), 2020-06-15T00:00:00.000Z
- Rep. Stivers, Steve [R-OH-15] (R-OH), 2020-07-01T00:00:00.000Z
- Rep. Perlmutter, Ed [D-CO-7] (D-CO), 2020-08-21T00:00:00.000Z
- Rep. Foster, Bill [D-IL-11] (D-IL), 2020-08-21T00:00:00.000Z

## Related bills

- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-1108: Aviation Funding Stability Act of 2019
- 116-hr-1980: Smithsonian Women’s History Museum Act
- 116-hr-1044: Fairness for High-Skilled Immigrants Act of 2020
- 116-hr-748: CARES Act
- 116-hr-737: Shark Fin Sales Elimination Act of 2019

## Sources
- [116-hr-6257 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6257)

## Related
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-1108: Aviation Funding Stability Act of 2019](https://policyrisk.com/legislation/116-hr-1108)
- [116-hr-1980: Smithsonian Women’s History Museum Act](https://policyrisk.com/legislation/116-hr-1980)
- [116-hr-1044: Fairness for High-Skilled Immigrants Act of 2020](https://policyrisk.com/legislation/116-hr-1044)
- [116-hr-748: CARES Act](https://policyrisk.com/legislation/116-hr-748)
- [116-hr-737: Shark Fin Sales Elimination Act of 2019](https://policyrisk.com/legislation/116-hr-737)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6257 (as of 2025-11-18).