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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Receiving Electronic Statements To Improve Retiree Earnings Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Employee Retirement and Income Security Act of 1974 and the Internal Revenue Code of 1986 to provide for the electronic delivery of pension plan information.


Actions Overview (1)

Date
12/19/2018Introduced in Senate

All Actions (1)

Date
12/19/2018Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Action By: Senate

Cosponsors (5)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Enzi, Michael B. [R-WY]* 12/19/2018
Sen. Peters, Gary C. [D-MI]* 12/19/2018
Sen. Portman, Rob [R-OH]* 12/19/2018
Sen. Isakson, Johnny [R-GA]* 12/19/2018
Sen. Jones, Doug [D-AL]* 12/19/2018

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Health, Education, Labor, and Pensions12/19/2018 Referred to

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Subjects (4)


Latest Summary (1)

There is one summary for S.3795. View summaries

Shown Here:
Introduced in Senate (12/19/2018)

Receiving Electronic Statements To Improve Retiree Earnings Act

This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to authorize the electronic delivery of pension plan documents required to be furnished to a plan participant, beneficiary, or other individual.

The system for furnishing such a document must: (1) be designed to result in effective access to the document, (2) permit the recipient to select the electronic means through which the document is received or request paper documents, and (3) protect the confidentiality of personal information.

An annual paper notice must be provided describing:

  • the selection of electronic means for furnishing documents,
  • the right to modify the selection or to elect to receive paper versions of the documents at no additional direct cost and how to make the election, and
  • any election that has been made to receive paper documents.

An electronically furnished document must be prepared and furnished in a manner that is consistent with the style, format, and content requirements for the document. It must also include a notice that apprises the individual of the significance of the document when it is not otherwise reasonably evident as transmitted.