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HR. 1013 · 119th Congress

Retirement Fairness for Charities and Educational Institutions Act of 2025

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Bill details

Introduced: 2/5/2025
Status: Placed on the Union Calendar, Calendar No. 340.
Bill ID: 119hr1013
Latest action: Placed on the Union Calendar, Calendar No. 340.

Summary

Introduced in House

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.

Source: BILLSUM · Summary date: 2/5/2025

District impact notes

1 notes
NEUTRAL
3/16/2026

The Retirement Fairness for Charities and Educational Institutions Act of 2025 allows 403(b) retirement plans to invest in collective investment trusts and insurance company separate accounts. • This change could provide more investment options for employees of local public schools, charities, and churches. • It may enhance the financial management of retirement funds for eligible employees in the district. • There could be questions about how these new investment options will be implemented and whether they will meet the needs of all participants. AI-generated from official bill summary and plain-English note; verify with official text.

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Summary source label: BILLSUM
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About this data

Non-partisan by design
OurCongress provides plain-English context without endorsements, political interpretation, or advocacy.
Official sources
Data is sourced from official government records (e.g., Congress.gov, GovInfo, Clerk of the House, and the U.S. Senate).
AI-generated text
Some sections may be AI-generated from official summaries/metadata to help readability. AI output can be imperfect—verify with primary sources.
Last updated: 3/16/2026Source: BILLSUMBill: 119hr1013Learn more →