Retirement Fairness for Charities and Educational Institutions Act of 2025
Click any stage to learn more about the legislative process.
Topic: Finance and Financial Sector
Sponsor: Rep. Lucas, Frank D. [R-OK-3] (R) - OK
Summary
Retirement Fairness for Charities and Educational Institutions Act of 2025
This bill allows 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, charities, and churches) to invest in collective investment trusts, which are a group of pooled investment assets held by a bank or trust company, and in insurance company separate accounts.
Legislative Subjects
Employee benefits and pensions; Finance and Financial Sector; Financial services and investments; Government employee pay, benefits, personnel management; Religion; Social work, volunteer service, charitable organizations
Latest Action
Placed on the Union Calendar, Calendar No. 340.
2025-11-28
Ask about this bill
Ask questions about this bill. The AI can look up referenced laws and statutes to provide context.
What existing laws does this bill amend?
What are the main provisions of this bill?
Who would be affected by this legislation?