Women's Pension Protection Act of 2018

Summary

Women's Pension Protection Act of 201 8 This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to: (1) extend spousal consent requirements that currently apply to defined benefit pension plans to defined contribution pension plans, and (2) allow certain long-term part-time workers to participate in pension plans that include either a qualified cash or deferred arrangement or a salary reduction agreement. Financial product or service providers who sell retirement financial products or services must provide purchasers of their products or services an easily accessible link to the website of the Consumer Financial Protection Bureau to obtain information relating to retirement planning or later life economic security. The Women's Bureau of the Department of Labor shall award grants to certain community-based organizations to: (1) improve the financial literacy of women who are working age or in retirement, and (2) assist low-income women and victims of domestic violence in obtaining qualified domestic relations orders and the benefits they are entitled to through the orders.

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Timeline

1. 12 September 2018

   Introduced

   Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

   Source: IntroReferral

2. 12 September 2018

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 12 September 2018 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 12 September 2018

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 12 September 2018

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 12 September 2018

  Open at official source

Sponsors

• Patty Murray · D · Sponsor
• Elizabeth Warren · D · Sponsor
• Jeanne Shaheen · D · Sponsor
• Tammy Baldwin · D · Sponsor
• Sen. Heitkamp, Heidi [D-ND] · D · Sponsor
• Sen. Hirono, Mazie K. [D-HI] · D · Sponsor
• Sen. Stabenow, Debbie [D-MI] · D · Sponsor
• Maria Cantwell · D · Sponsor
• Amy Klobuchar · D · Sponsor
• Maggie Hassan · D · Sponsor
• Catherine Cortez Masto · D · Sponsor
• Tammy Duckworth · D · Sponsor
• Tina Smith · D · Sponsor
• Sen. McCaskill, Claire [D-MO] · D · Sponsor
• Sen. Feinstein, Dianne [D-CA] · D · Sponsor
• Sen. Harris, Kamala D. [D-CA] · D · Cosponsor
• Kirsten Gillibrand · D · Cosponsor
• Bernie Sanders · I · Cosponsor
• Timothy Kaine · D · Cosponsor
• Jeff Merkley · D · Cosponsor
• · sshr00 · Standing

Related records

• related to → Women's Retirement Protection Act
• related to ← Women's Pension Protection Act of 2018