# 119-hr-10703: Protecting Workers’ Benefits Act

119-hr-10703, Protecting Workers’ Benefits Act, is a 119th Congress bill sponsored by Rep. Scott, Robert C. "Bobby" [D-VA-3] (D-VA); status introduced; PRIA reads it as touching household money (as of 2026-10-17).

- Canonical: https://policyrisk.com/legislation/119-hr-10703
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-10703
- Congress: 119
- Title: Protecting Workers’ Benefits Act
- Status: introduced
- Introduced: 2026-10-01
- Sponsor: Rep. Scott, Robert C. "Bobby" [D-VA-3] (D-VA)
- Cosponsors: 0
- Policy area: Labor and Employment
- Touches household money: yes
- Last recorded action: 2026-10-17

## Summary

**Creates a new legal route for retirement plan participants and beneficiaries to sue as assignees to recover plan losses.** It would also make recovered money part of the plan's assets and set a small, court-limited fee for successful plaintiffs. - Participants and beneficiaries: They would be able to bring actions as assignees under ERISA section 502(a)(2) to pursue relief under section 409. They must serve a copy of the complaint on the plan and, if the plan prevails or a settlement occurs, are treated as having an equitable interest and receive between 0.5 percent and 1 percent of the recovery plus any court-awarded costs. - Plans and plan assets: Amounts recovered in such suits would be treated as plan assets. That affects who controls recovered funds and how settlements are allocated between the plan and successful plaintiffs. - Court process: If another action involving substantially the same allegations is already pending, a participant or beneficiary bringing an action must promptly move to consolidate. Courts must equitably distribute the plaintiff allocation among named plaintiffs in class actions and among each plaintiff in non-class actions.

## Provisions PRIA read

- Plan participants can sue for relief: benefit, medium. If enacted, plan participants and beneficiaries would be able to sue on a plan's behalf under ERISA section 502(a)(2) to seek relief under section 409. The person bringing the case would have to serve a copy of the complaint on the plan. Any money recovered if the plan prevails, substantially preva…

## Related bills

- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7481: Department of Homeland Security Appropriations Act, 2026
- 119-hr-7973: Momnibus Act
- 119-hr-3069: Medicare for All Act
- 119-hr-7853: PrEP Access and Coverage Act of 2026
- 119-hr-5862: American Energy Independence and Affordability Act

## Sources
- [119-hr-10703 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/10703)

## Related
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-3069: Medicare for All Act](https://policyrisk.com/legislation/119-hr-3069)
- [119-hr-7853: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-hr-7853)
- [119-hr-5862: American Energy Independence and Affordability Act](https://policyrisk.com/legislation/119-hr-5862)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-10703 (as of 2026-10-17).