H.R. 2741 · 117th Congress · House

Public Service Retirement Fairness Act of 2021

Active· Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determi…
Introduced
Apr 21, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Public Service Retirement Fairness Act of 2021

This bill expands the ability of 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, nonprofits, and churches) to invest in collective investment trusts, which are a group of pooled investment assets held by a bank or trust company.

Action Timeline

4
  1. APR 21, 2021•IntroReferral

    Introduced in House

  2. APR 21, 2021•IntroReferral

    Introduced in House

  3. APR 21, 2021•IntroReferral

    Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  4. APR 21, 2021•IntroReferral

    Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Committees

2

Ways and Means Committee

hswm00

Referred: Apr 21, 2021

Active

Financial Services Committee

hsba00

Referred: Apr 21, 2021

Active