# 116-hr-8990: Lifetime Income For Employees Act

116-hr-8990, Lifetime Income For Employees Act, is a 116th Congress bill sponsored by Rep. Norcross, Donald [D-NJ-1] (D-NJ); status Referred to the House Committee on Education and Labor. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8990
- 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-8990
- Congress: 116
- Title: Lifetime Income For Employees Act
- Status: Referred to the House Committee on Education and Labor.
- Introduced: 2020-12-16
- Sponsor: Rep. Norcross, Donald [D-NJ-1] (D-NJ)
- Cosponsors: 1
- Policy area: Labor and Employment
- Touches household money: no
- Last recorded action: 2025-11-18

## 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.

## Cosponsors (1)

- Rep. Walberg, Tim [R-MI-5] (R-MI), 2020-12-16T00:00:00.000Z

## Related bills

- 116-hr-6829: EMPIL–DOC Act
- 116-hr-4305: PAWS for Veterans Therapy Act
- 116-hr-3589: Greg LeMond Congressional Gold Medal Act
- 116-hr-3495: Improve Well-Being for Veterans Act
- 116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act
- 116-hr-1865: Further Consolidated Appropriations Act, 2020

## Sources
- [116-hr-8990 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8990)

## Related
- [116-hr-6829: EMPIL–DOC Act](https://policyrisk.com/legislation/116-hr-6829)
- [116-hr-4305: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/116-hr-4305)
- [116-hr-3589: Greg LeMond Congressional Gold Medal Act](https://policyrisk.com/legislation/116-hr-3589)
- [116-hr-3495: Improve Well-Being for Veterans Act](https://policyrisk.com/legislation/116-hr-3495)
- [116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-2423)
- [116-hr-1865: Further Consolidated Appropriations Act, 2020](https://policyrisk.com/legislation/116-hr-1865)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8990 (as of 2025-11-18).