Learn about Legislation & Regulations

Congressional and regulatory changes can affect your retirement security

Proposals to change the nation’s pension, retirement savings plan, and Individual Retirement Account laws are continually before the U.S. Congress.

Currently, a number of proposals affecting employees, retirees, and their families are under consideration by Congress. Others have been passed and signed into law. These bills and laws are often complicated, but when individuals take the time to understand them and make their views heard, it can make all the difference to their future retirement security.

When Congress passes legislation, it often requires government agencies to issue rules interpreting important aspects of the new laws. The agencies are required to publish their proposed regulations and to invite the public to comment on them. They also often hold hearings where anyone can ask to speak. When the agencies issue their final regulations, these are also published.

Learn about Legislation & Regulations Highlights:

Fact Sheets and Issue Papers
04/27/21

What the Butch Lewis Act Will and Will Not Do

Legislation & Regulations
01/27/20

Securing a Strong Retirement Act of 2020

The Latest on Learn about Legislation & Regulations:

Comments & Letters
05/28/21

Comments to the IRS on the 2021-2022 Priority Guidance Plan

PRC submitted comments to the IRS on the agency’s guidance agenda for the coming year.

PRC In the News
09/03/20|Forbes

Retirement Savers Could Be Put At Risk By Proposed Rollover Rule, DOL Warned

Retirement savers could be put at risk by a proposed Department of Labor rule on workplace retirement plan rollovers and lump sum distributions, DOL was warned today.

Blogs & Newsletters
02/08/19

House Committee hearing focuses on retirement security

Wednesday on Capitol Hill, the House Ways and Means Committee held a wide-ranging hearing about retirement security. The chairman of the Committee, Richard Neal (D-MA), opened by saying he hoped this could be the first of “many conversations” about this topic, and he reiterated his commitment to finding a solution to the multiemployer pension crisis […]

Blogs & Newsletters
12/14/18

Retirement Savings Plan Provisions on Capitol Hill

Among the many year-end bills that are circulating in the U.S. Senate and House of Representatives are a number that include fixes for Individual Retirement Accounts (IRAs) and 401(k)-type retirement savings plans. Some of the fixes are found in several bills; others are in just one of the bills. The bills are an alphabet soup […]

Blogs & Newsletters
12/14/17

Leaders Schumer and Pelosi make pension bill a top priority

I was so glad to be able to accompany Karen Friedman, PRC’s EVP to a media event on Capitol Hill in support of the Butch Lewis Act of 2017. I started as an intern with PRC just 4 months ago and I’m so excited to be able to be part of a process that could […]

Blogs & Newsletters
11/17/17

New Multiemployer Bill Introduced at Amazing Media Event

Yesterday was the day we have all been waiting for, the culmination of more than three years of hard work by hundreds of thousands of retirees and their many advocates and supporters. In a regal room in the U.S. Capitol building, Senator Sherrod Brown (D-OH) and Congressman Richard Neal (D-MA) – surrounded by their colleagues […]

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