As the retirement bill'schances of passing during the 115th lame duck session waned withthe Senate action on Wednesday, a new retirement bill wasintroduced, giving further indication that retirement policy willbe prioritized in the next session of Congress in 2019. (Photo:Shutterstock)

Update: After this article went to press, the Housevoted to pass a continuing resolution that includes the RetirementSecurity & Savings Act by a 217-185 margin. The CR alsoincludes $5.7 billion for border security, making it unlikely itwill reach the 60-vote threshold needed to pass out of theSenate.

Sweeping reforms to the U.S. private-sector retirement system will not be included in theContinuing Resolution Congress is currently debating to fully fundthe federal government until February 8, according to sourcesfamiliar with the negotiations.

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.