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Equal Treatment in Pension Plans: No Discrimination in Benefits

This new law aims to ensure that those managing your pension plans select service providers without regard to race, color, religion, sex, or national origin. This means greater protection for your retirement benefits against unfair practices.
Key points
Pension plan fiduciaries must act prudently and loyally when selecting service providers.
Discrimination based on race, color, religion, sex, or national origin is prohibited when choosing service providers for pension plans.
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Additional Information
No Discrimination in My Benefits Act
Print number: HR 5338
Sponsor: Rep. Good, Bob [R-VA-5]
Process start date: 2023-09-05