S.1251 - Portable Benefits for Independent Workers Pilot Program Act115th Congress (2017-2018)
|Sponsor:||Sen. Warner, Mark R. [D-VA] (Introduced 05/25/2017)|
|Committees:||Senate - Health, Education, Labor, and Pensions|
|Latest Action:||Senate - 05/25/2017 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (All Actions)|
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Summary: S.1251 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in Senate (05/25/2017)
Portable Benefits for Independent Workers Pilot Program Act
This bill requires the Department of Labor to award grants for FY2018, on a competitive basis, to states, local governments, or nonprofit organizations to support broad innovation and experimentation with respect to portable benefits.
Portable benefits are work-related benefits that are provided to eligible workers for eligible work in a manner that allows the worker to maintain the benefits upon changing jobs.
The grants must be used for: (1) the evaluation, or improvement to the design or implementation, of existing models or approaches for providing portable benefits; or (2) the design, implementation, and evaluation of new models or approaches for providing such benefits. The grants may not be used for a model or approach that provides only retirement-related benefits.
The Government Accountability Office must evaluate and report to Congress on the outcome of the grants awarded pursuant to this bill.