summary
Introduced
07/27/2023
07/27/2023
In Committee
07/27/2023
07/27/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A bill to amend the Employee Retirement Income Security Act of 1974 to provide for greater spousal protection under defined contribution plans, and for other purposes.
AI Summary
This bill, the Women's Retirement Protection Act, aims to amend the Employee Retirement Income Security Act (ERISA) to provide greater spousal protection under defined contribution retirement plans. Key provisions include requiring spousal consent for distributions from such plans, with some exceptions, and allowing spouses to access consumer information and financial literacy resources. The bill also authorizes grants to promote financial literacy for women and assist low-income women and survivors of domestic violence in obtaining qualified domestic relations orders to obtain retirement benefits.
Committee Categories
Health and Social Services
Sponsors (19)
Tammy Baldwin (D)*,
Richard Blumenthal (D),
Maria Cantwell (D),
Bob Casey (D),
Catherine Cortez Masto (D),
Tammy Duckworth (D),
Dianne Feinstein (D),
Kirsten Gillibrand (D),
Mazie Hirono (D),
Tim Kaine (D),
Amy Klobuchar (D),
Jeff Merkley (D),
Patty Murray (D),
Bernie Sanders (I),
Tina Smith (D),
Debbie Stabenow (D),
Elizabeth Warren (D),
Sheldon Whitehouse (D),
Ron Wyden (D),
Last Action
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (on 07/27/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/senate-bill/2627/all-info |
| BillText | https://www.congress.gov/118/bills/s2627/BILLS-118s2627is.pdf |
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