Requires all employers and self-employed people to offer or join a retirement plan like federal workers.
This bill would make sure nearly all American workers and self-employed individuals have access to a retirement plan. It would require employers to offer a plan similar to the Federal Employees Retirement System (FERS) or enroll their workers in FERS. Self-employed individuals would also need to join a comparable plan or FERS themselves.
Today, private sector employers are not required to offer retirement plans, and self-employed individuals are not mandated to save for retirement through a specific program. The Federal Employees Retirement System (FERS) is generally only for federal workers. This bill would require all employers to offer a FERS-like plan or enroll employees in FERS, and self-employed individuals would also need to join a comparable plan or FERS. Businesses with less than $25 million in revenue and self-employed individuals earning less than $75,000 would get a 50 percent break on contributions.
S 2335 · 119th Congress · July 17, 2025 · AI Summary by gemini-2.5-flash · 10/10
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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.