To direct the Secretary of Labor to modify regulations to allow the use of performance benchmarks in the case of designated investment alternatives, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

23 October 2020

Last action

—

Status

Referred to the House Committee on Education and Labor.

Summary

This bill permits administrators of employee health or retirement plans to use a blend of different broad-based stock indices (e.g., the Dow Jones Industrial Average) to meet the performance benchmarking requirements for designated investment alternatives if certain conditions are met.

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Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 23 October 2020
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Introduced in House (PDF)
Introduced in House · EN · 23 October 2020
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Introduced in House
summary · EN · 23 October 2020
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Sources

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Official source: https://www.congress.gov/bill/116th-congress/house-bill/8660
Open data entity: https://api.congress.gov/v3/bill/116/hr/8660