Proposed
Bill · 119th Congress · HR 7556
Pensions for All Act
Refreshed 45 min ago
Introduced 2026-02-12Topic: labor · economy jobs · taxesSummary
AI-generated summary, report an errorThis bill would require every employer either to offer its employees a retirement program that the Secretary of Labor finds comparable to the Federal Employees Retirement System (FERS), or to have its employees join FERS. Self-employed people would face the same choice. Employers and self-employed people in FERS would pay contributions, with reduced amounts for employers with annual revenue up to $100 million and self-employed people earning up to $125,000, and the federal government would credit the difference to workers' Thrift Savings accounts. The bill would create a tax credit for some pension contributions and a $10-per-day tax per employee for failing to meet the requirement. Employers could not cut current employees' pay because of the requirement.
Sponsors
- Delia C. Ramirez Democrat sponsor
- 11 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-02-12 | House | Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-02-12 | House | Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-02-12 | House | Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2026-02-12 | Introduced in House | introduce | |
| 2026-02-12 | Introduced in House | introduce |