Bipartisan legislation has been introduced in the U.S. House of Representatives that would allow employers to modernize how they communicate retirement benefits information to employees.
The Receiving Electronic Statements to Improve Retiree Earnings Act would permit sponsors to send plan documents and disclosures to employees via email.
Reps. Phil Roe, R-Tennessee, Mike Kelly, R-Pennsylvania, Jared Polis, D-Colorado, and Ron Kind, D-Wisconsin introduced the legislation, which was referred to the Committee on Education and Workforce.
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