arrow_back Trending Legislation
Share share

Rejection of Pension Fund Investment Rules: Impact on Savings

This document is a Congressional decision to reject new rules on how pension funds should invest money and exercise shareholder rights. This means that previous, more flexible investment rules for pension funds remain in effect, which may influence how your retirement savings are managed.
Key points
New rules for pension fund investments, which aimed to introduce new guidelines, have been invalidated.
Pension funds will continue to operate under previous guidelines regarding investment selection and shareholder rights.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".
Print number: SJRES 65
Sponsor: Sen. Cotton, Tom [R-AR]
Process start date: 2022-12-01