Employee Retirement Savings Bill of Rights

Summary

Employee Retirement Savings Bill of Rights - Amends the Internal Revenue Code to: (1) impose an excise tax on a pension plan failing to provide notice of generally accepted investment principles, including principles of risk management and diversification; (2) impose an excise tax on a pension plan failing to provide notice of any transaction restriction period to each applicable individual to whom the transaction restriction period applies (and to each employee organization representing such applicable individuals); and (3) set forth diversification requirements for plans, including requiring the provision of at least three investment options, other than employer securities, in amounts equivalent to the amounts invested in employer securities.

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Documents

6 official files

• Reported in House (text)

  Reported in House · EN · 9 April 2002

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• Reported in House (PDF)

  Reported in House · EN · 9 April 2002

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• Reported to House amended, Part I

  summary · EN · 20 March 2002

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• Introduced in House (text)

  Introduced in House · EN · 4 February 2002

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• Introduced in House (PDF)

  Introduced in House · EN · 4 February 2002

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• Introduced in House

  summary · EN · 4 February 2002

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