arrow_back Civic Audit
Share share

Enhancing 403(b) Retirement Plans for Charities and Educational Institutions

This act aims to simplify and enhance 403(b) retirement plans for employees of charities and educational institutions. These changes could improve financial security in retirement for individuals in these sectors by broadening investment options and increasing oversight of plans.
Key points
Expands investment opportunities for 403(b) retirement plans, potentially leading to better savings outcomes.
Requires employers or plan fiduciaries to approve investment options offered under 403(b) plans, enhancing participant security.
Simplifies regulations for 403(b) plans for non-profit and educational organizations, potentially encouraging more employers to offer them.
article Official text account_balance Process page notifications_active Track this Bill
Status: Placed on Calendar
Civic Will
Checking votes...
I support
I oppose
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
Print number: 119_HR_1013
Sponsor: Rep. Lucas, Frank D. [R-OK-3]
Process start date: 2025-02-05
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Retirement Fairness for Charities and Educational Institutions Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_1013.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-02-05.

What are the main provisions?

Key points include:

  • Expands investment opportunities for 403(b) retirement plans, potentially leading to better savings outcomes.
  • Requires employers or plan fiduciaries to approve investment options offered under 403(b) plans, enhancing participant security.
  • Simplifies regulations for 403(b) plans for non-profit and educational organizations, potentially encouraging more employers to offer them.
What is the specific legal status?

The current status is Placed on Calendar.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lucas, Frank D. [R-OK-3].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 340.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Labor Education Benefits