Tag: Bill

Idaho Bills Aim to Curb Public ESG Investing
Legislation identifies sustainable investing as being among ‘disfavored state investments.’

Proposed Bill Would Require CalPERS, CalSTRS to Divest Fossil Fuels
The pension giants would have to sell off more than $9 billion combined in assets by 2027.

Lawmakers Propose Portable Retirement Accounts Bill

House Considers Auto-Enrollment Legislation
The proposed bill would require nearly all US companies to enroll workers in a retirement plan.

Bill Seeks to Close Private Equity Compensation ‘Loophole’
The legislation aims to increase the rate at which PE and hedge fund managers are taxed.

Massachusetts COVID-19 Pension Bonus Bill a Boondoggle, Groups Warn

Senate Bill Targets Women’s Retirement Savings Inequities
The Women’s Retirement Protect Act aims to close the gender gap by amending ERISA.

Maine Becomes First State to Pass Fossil Fuel Divestment Bill
The state pension fund has more than $1 billion invested in companies such as Chevron, Exxon, and ConocoPhillips.

Sustainable Investment Legislation Re-Introduced in Congress

NY State Assembly Passes Mandatory Auto-IRA Bill
The amended ‘Secure Choice’ program would apply to companies with 10 or more employees.

Securing a Strong Retirement Act Passes Ways and Means Committee

Bill Would Move New Texas State Employees to 401(k)-Like Plan
The proposed pension reform would affect workers hired after Sept. 1, 2022.

Florida Senate Passes Bill to Move Most State Workers to DC Plan

Kentucky Lawmakers Override Pension Bill Veto
Law, opposed by governor, is allowed to stand, requiring teachers to contribute more and work longer before earning benefits.