Requires federal agency overseeing retirement plans to report on investigations
This bill would require the Employee Benefit Security Administration (EBSA), the federal agency that oversees retirement and health benefit plans, to send Congress a yearly report. This report would detail the status of its investigations into these plans. This change would give Congress more information about how EBSA is doing its job, aiming to improve transparency for how employee benefits are protected.
Today, the Employee Benefit Security Administration (EBSA) is not required to provide Congress with an annual report on its investigations into employee benefit plans. If this bill becomes law, EBSA would be required to submit a detailed report to Congress by December 31st each year, covering all enforcement cases and investigations from the previous government's budget year, including specific dates and reasons for delays.
HR 2869 · 119th Congress · April 10, 2025 · AI Summary by gemini-2.5-flash · 8/10
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13 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.