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Receiving Electronic Statements To Improve Retiree Earnings Act

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Official summary

Version 00 · Introduced in Senate · Dec 19, 2018

Receiving Electronic Statements To Improve Retiree Earnings Act

This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to authorize the electronic delivery of pension plan documents required to be furnished to a plan participant, beneficiary, or other individual.

The system for furnishing such a document must: (1) be designed to result in effective access to the document, (2) permit the recipient to select the electronic means through which the document is received or request paper documents, and (3) protect the confidentiality of personal information.

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An annual paper notice must be provided describing:

the selection of electronic means for furnishing documents,

the right to modify the selection or to elect to receive paper versions of the documents at no additional direct cost and how to make the election, and

any election that has been made to receive paper documents.

An electronically furnished document must be prepared and furnished in a manner that is consistent with the style, format, and content requirements for the document. It must also include a notice that apprises the individual of the significance of the document when it is not otherwise reasonably evident as transmitted.

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Who introduced it

Sen. Brown, Sherrod [D-OH] · D–OH

Committees

  • Health, Education, Labor, and Pensions Committee
5 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

  2. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Dec 5, 2025. Consult Congress.gov for the current record.

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