Employers and pension plans would get notice when the government helps in lawsuits.
Employers and pension plans would get notice when the government helps individuals with information for lawsuits. This bill would require the Department of Labor to create written agreements and share them with affected companies before providing such "adverse assistance." It would also require annual reports to Congress about these agreements, detailing the help provided.
Today, the Department of Labor does not have to create written agreements or share them with affected parties before providing certain assistance in pension plan lawsuits, nor does it have to report these actions to Congress. After this bill, the Department of Labor would be required to make written agreements, share copies with affected employers and pension plans, and submit detailed annual reports to Congress about this assistance. It would also add a new policy to the law to support voluntary pension plans.
HR 2958 · 119th Congress · April 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.