Jeff Bingaman United States Senator from New Mexico

Thursday, December 3, 2009

Lifetime Income Disclosure Act

S. 2832

Lifetime Income Disclosure Act - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to require the quarterly pension benefit statement furnished to a participant or beneficiary with the right to direct the investment of assets in his or her account under an individual account plan to include a lifetime income disclosure at least once every calendar year.