H.R. 5397: Retirement Enhancement Act of 2004

108th Congress · introduced 2004-11-19 · Labor and Employment · Latest: Referred to the House Committee on Education and the Workforce.

federal

Follow this bill, step by step

Where it came from: introduced 2004-11-19 · official record
Who proposed it: Rep. Andrews, Robert E. [D-NJ-1] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Education and the Workforce. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Retirement Enhancement Act of 2004

Plain summary

Retirement Enhancement Act of 2004 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise or provide pension plan requirements for: (1) plan coverage and participation, defined contribution plan benefit vesting, and simplified pension plans; (2) various pension protections for spouses (under ERISA, the Civil Service Retirement Spouse Equity Act of 1984, and the Railroad Retirement Act of 1974); (3) simplified investment standards, including disclosure regarding investments and voting of proxies, diversification in defined contribution investments, diversification of investments under employee stock ownership plans by participants and beneficiaries over 55 years of age, immediate warning of excessive stock holdings, and reports of trades in employer securities; (4) pension information reporting and enforcement for defined benefit plans and multiemployer plans, including procedures for treatment of missing participants and unclaimed benefits; and (5) various pension protections for a changing workforce, including pension plan qualified loans for health insurance and job training expenses of participants or beneficiaries, immediate distributions if rolled over to qualified plans, and prompt distributions from defined contribution plans upon termination of participants' covered employment. Establishes an Office of Pension Participant Advocacy in the Department of Labor.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Retirement Enhancement Act of 2004

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Andrews, Robert E. [D-NJ-1] · 0 cosponsors

Cost estimate: No cost estimate published yet.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-108hr5397.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/108/hr>

Record fed-us-cong108-hr5397 · catalog fed-us-congress-bills-cong108 · updated 2026-11-15 by psicol fed-bills-cong108