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Bill > HR6912


US HR6912

US HR6912
Pooled Employer Plan Fix Act


summary

Introduced
03/03/2022
In Committee
03/03/2022
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Employee Retirement Income Security Act of 1974 to require that named fiduciaries collect con- tributions to pooled employer plans, and for other pur- poses.

AI Summary

This bill, the Pooled Employer Plan Fix Act, amends the Employee Retirement Income Security Act of 1974 to require that named fiduciaries, who are not employers in the plan, be responsible for collecting contributions to pooled employer plans. Specifically, the bill mandates that these named fiduciaries implement written procedures to diligently and systematically collect contributions to the plan.

Committee Categories

Education

Sponsors (2)

Last Action

Referred to the House Committee on Education and Labor. (on 03/03/2022)

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