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New Reporting Rules for Legal Aid in Retirement Cases

This act introduces new requirements for a government agency (EBSA) to report on legal assistance provided to individuals in retirement plan disputes. The goal is to increase transparency and ensure employers and plan administrators are informed about such assistance, potentially affecting how disputes are resolved and protecting citizens' retirement rights.
Key points
The government agency must enter into written agreements with individuals receiving legal assistance in retirement disputes.
Copies of these agreements must be provided to employers and plan administrators directly impacted.
The agency will annually report to Congress detailed information on legal assistance provided, while protecting individual privacy.
The act emphasizes the importance of voluntary establishment and maintenance of private pension plans for employee financial security.
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Status: Placed on Calendar
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Additional Information
Print number: 119_HR_2958
Sponsor: Rep. Rulli, Michael A. [R-OH-6]
Process start date: 2025-04-17