Protecting Prudent Investment of Retirement Savings Act

Summary

Official

Protecting Prudent Investment of Retirement Savings Act This bill modifies the requirements for fiduciaries of employer-sponsored retirement plans. First, the bill generally requires a plan fiduciary to make investment decisions based solely on pecuniary factors (i.e., factors that a fiduciary prudently determines are expected to have a material effect on the...

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Bill Progress

Bill has been introduced

Introduced(4/24/25)
Committee
Passed House
Passed Senate
President
Law

Sponsor

RA

Mr. Allen

House (R) Georgia - 12

Latest Action

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Motion to reconsider laid on the table Agreed to without objection.

Policy Area

Labor and Employment

Issues

View on Congress.gov

Votes