Federal RuleAug 21
62
DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
119-s-3615119th CongressWALLET
Multiemployer Plan Relief Act
Sponsored By: Senator Klobuchar, Amy [D-MN]
Introduced
Summary
Exempts multiemployer pension plans from automatic enrollment requirements. The bill changes Internal Revenue Code section 414A(c)(3) to add "any multiemployer plan (within the meaning of section 414(f))" alongside governmental and church plans. The amendment applies to taxable years beginning after December 31, 2024. That means multiemployer plans would qualify for the same automatic enrollment exception that governmental and church plans already have.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Multiemployer plans avoid auto-enrollment
This bill would add multiemployer plans to the list of plans excepted from automatic enrollment rules. If enacted, employers and plan sponsors that contribute to multiemployer retirement plans would not have to automatically enroll workers under the current auto-enrollment rules. Employees covered by those plans would be less likely to be default-enrolled and might save less by default. The change would apply to taxable years beginning after December 31, 2024.
Sponsors & CoSponsors
Sponsor
Klobuchar, Amy [D-MN]
MN • D
Cosponsors
Sen. Moreno, Bernie [R-OH]
OH • R
Sponsored 1/12/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov