H.R. 2683, The Pension Security Act of 2007

• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

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H.R. 2683 would amend title I of the Employee Retirement Income Security Act of 1974 to require in the annual report of each defined benefit pension plan disclosure of plan investments in hedge funds.

Detailed Summary

Pension Security Act of 2007 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to require the financial statement filed with the annual report for a defined benefit pension plan covered by ERISA to include a separate schedule identifying each hedge fund (i.e., unregistered investment pool) in which plan funds are invested and the amount invested.

Status of the Legislation

Latest Major Action: 6/12/2007: Referred to House committee. Status: Referred to the House Committee on Education and Labor.

Points in Favor

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Points Against

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