Proposal:Sustainable Pension Plan Act of 2019

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.

Bill	HR 408
Type of Legislation	House Bill
Congress	116
Source	View original on Congress.gov

Geographic Scope

National

Description

Sustainable Pension Plan Act of 2019

This bill requires the Government Accountability Office (GAO) to study and report on the pension system for the employees of the government of the U.S. Virgin Islands (known as the Government Employees Retirement System).

The GAO study must analyze (1) the benefits provided, including a comparison to those offered to private employees; and (2) whether the system is adequately funded.

The study must also recommend actions that may be necessary to ensure that the system can be sustainably maintained and funded by the U.S Virgin Islands for the next 20 years.

Bill Title

Sustainable Pension Plan Act of 2019

Linked Goals

• Goal:Promote General Welfare

Steps

• 2019-01-09: Referred to the House Committee on Natural Resources.
• 2019-01-09: Introduced in House
• 2019-01-09: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.