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H.R.5325

Unclaimed Retirement Rescue Plan

Introduced·9/11/25

Allows pension plan administrators to transfer unclaimed retirement distributions to State unclaimed property programs.

The Unclaimed Retirement Rescue Plan directs the Secretary of Labor to create a regulation allowing pension plan administrators to transfer unclaimed retirement distributions to State unclaimed property programs. This includes searching for current contact information of participants or beneficiaries. The regulation must be promulgated within 180 days of the Act's enactment. Plan administrators must report unclaimed retirement distributions to the Secretary of Labor every 90 days.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Education and Workforce Committee
Next
Committee decision

Sponsors

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9
8
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Democratic CaucusRepublican Caucus

History

Sep 11, 2025

House

Introduced in House

Sep 11, 2025

House

Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.