Lifetime Income For Employees Act
Sponsored By: Representative Norcross, Donald [D-NJ-1]
Unknown
Summary
Lifetime Income For Employees Act This bill allows fiduciaries of pension plans to make default investment arrangements in annuity contracts upon providing certain notice to plan participants or beneficiaries and complying with certain prohibitions on liquidity restrictions.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Norcross, Donald [D-NJ-1]
NJ • D
Cosponsors
Rep. Walberg, Tim [R-MI-5]
MI • R
Sponsored 12/16/2020
Roll Call Votes
No roll call votes available for this bill.
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