HR-2741 : Still Just a Bill

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

Action DateTypeTextSource
2021-04-21IntroReferralReferred 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.House floor actions
2021-04-21IntroReferralReferred 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.House floor actions
2021-04-21IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Labor and Employment
See Subjects
  • Employee benefits and pensions
  • Financial services and investments
  • Government employee pay, benefits, personnel management
  • Religion
  • Social work, volunteer service, charitable organizations

Related Bills

See Related Bills