The safe harbors for state- and municipal-sponsored retirement plans finalized last year by the Labor Department are now in the crosshairs of Republican lawmakers.

Today, two resolutions of disapproval were introduced by Rep. Tim Walberg, R-MI, chair of the House subcommittee on Health, Employment, Labor, and Pensions, and Rep. Francis Rooney, R-FL, also a member of the subcommittee.

One resolution would block the safe harbor for state-run plans, which was published in the Federal Register on August 30, 2016, and the other would block the safe harbor for retirement plans sponsored by qualified municipalities, which was published in the register on December 20, 2016.

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