CCAGW Annual Ratings

State Retirement Plan Disapproval – Passage


Passage of the joint resolution that would nullify and disapprove of a Labor Department rule that exempts certain state-administered retirement savings plans from select federal regulations governing pension plans if the state programs meet certain standards. Under the rule, the savings program must be established and administered by the state, and the savings plans must be voluntary for the employee for the program to qualify for the exemption.

Vote Number: 
Senate Vote 120
Bill Number: 
CCAGW Position: 
Vote Results: 
Passed (thus cleared for the president) 50-49 : R 50-2; D 0-45; I 0-2