# 119-hr-7556: Pensions for All Act

119-hr-7556, Pensions for All Act, is a 119th Congress bill sponsored by Rep. Ramirez, Delia C. [D-IL-3] (D-IL); status introduced; PRIA reads it as touching household money (as of 2026-06-04).

- Canonical: https://policyrisk.com/legislation/119-hr-7556
- As of: 2026-06-04
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7556
- Congress: 119
- Title: Pensions for All Act
- Status: introduced
- Introduced: 2026-02-12
- Sponsor: Rep. Ramirez, Delia C. [D-IL-3] (D-IL)
- Cosponsors: 11
- Policy area: Labor and Employment
- Touches household money: yes
- Last recorded action: 2026-06-04

## Summary

**Expands the Federal Employees Retirement System (FERS) to cover private‑sector employees and self‑employed people nationwide.** This bill would require private employers to offer a comparable retirement program or have workers participate in FERS, set contribution formulas and transition rules, and create tax and enforcement rules to support the change. - Workers: Private employees and self‑employed people would gain access to FERS benefits and the Thrift Savings Plan (TSP), new service crediting rules, and phased retirement options. Employee contributions would be taken from pay and linked to the federal contribution framework. - Employers and small businesses: Covered employers must provide a covered retirement program or enroll employees in FERS. Employer contribution rates would be set by revenue categories with ramp‑down rules for firms at or below $25 million and between $25 million and $100 million in annual revenue. - Taxes and penalties: A new tax credit (Sec. 36A) would cover up to 50 percent of qualified contributions and phase down by revenue or income. A new enforcement tax (Sec. 4980J) would charge $10 per day for noncompliance with a cap of $500,000 and indexing after 2026.

## Cosponsors (11)

- Rep. Tlaib, Rashida [D-MI-12] (D-MI), 2026-02-12T00:00:00.000Z
- Rep. Carson, André [D-IN-7] (D-IN), 2026-02-12T00:00:00.000Z
- Rep. Thanedar, Shri [D-MI-13] (D-MI), 2026-02-12T00:00:00.000Z
- Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL), 2026-02-12T00:00:00.000Z
- Rep. McIver, LaMonica [D-NJ-10] (D-NJ), 2026-02-12T00:00:00.000Z
- Rep. Lee, Summer L. [D-PA-12] (D-PA), 2026-02-12T00:00:00.000Z
- Rep. Stansbury, Melanie A. [D-NM-1] (D-NM), 2026-02-12T00:00:00.000Z
- Rep. Omar, Ilhan [D-MN-5] (D-MN), 2026-02-12T00:00:00.000Z
- Rep. McGovern, James P. [D-MA-2] (D-MA), 2026-02-12T00:00:00.000Z
- Rep. Grijalva, Adelita S. [D-AZ-7] (D-AZ), 2026-03-05T00:00:00.000Z
- Rep. Deluzio, Christopher R. [D-PA-17] (D-PA), 2026-06-02T00:00:00.000Z

## Provisions PRIA read

- Tax Credit for Small Employers: benefit, high. If enacted, small employers and eligible self-employed taxpayers would be able to claim a new tax credit equal to an applicable percentage of qualified pension contributions made after enactment. The credit would start at 50% and phase down for employers as gross receipts rise above $25,000,000 (us…
- Penalties for Missing Coverage: cost, medium. If enacted, employers or covered self-employed people who fail to provide required retirement coverage or make required contributions would owe a tax of $10 per day of noncompliance, starting on the first day of failure. If enacted, the $10 daily amount would be adjusted for inflation for calendar…
- Expanded Retirement Access and Rules: mixed, medium. If enacted, time you work as a covered non-Federal employee or as a covered self-employed person after enactment would count as creditable service under Title 5 for annuities, survivor, disability, and reemployment rules. If enacted, covered non-Federal employees and certain self-employed people wo…
- Employer and Self-Employed Mandate: mixed, medium. If enacted, employers would have to either offer each worker a covered retirement program or tell the Secretary of Labor that workers will join the Federal Employees Retirement System. If enacted, self-employed people would also have to enroll in a covered retirement program or notify the Secretary…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7973: Momnibus Act
- 119-hr-3971: Domestic Workers Bill of Rights Act
- 119-hr-3069: Medicare for All Act
- 119-hr-2045: Medicare Dental, Vision, and Hearing Benefit Act of 2025

## Sources
- [119-hr-7556 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7556)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-3971: Domestic Workers Bill of Rights Act](https://policyrisk.com/legislation/119-hr-3971)
- [119-hr-3069: Medicare for All Act](https://policyrisk.com/legislation/119-hr-3069)
- [119-hr-2045: Medicare Dental, Vision, and Hearing Benefit Act of 2025](https://policyrisk.com/legislation/119-hr-2045)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7556 (as of 2026-06-04).