Skip to content

WASHINGTON, D.C. – The Insured Retirement Institute (IRI) issued a statement by Paul Richman, Chief Government and Political Affairs Officer, following today’s House Financial Services Committee vote to pass the Retirement Fairness for Charities and Educational Institutions Act of 2023 (HR 3063).

“This bipartisan bill will put millions of teachers, hospital workers, clergy, and non-profit employees participating in 403(b) retirement plans on a level playing field with all other retirement savers.

Participants in 403(b) retirement plans deserve full parity with all other retirement plan participants. The changes to federal securities laws proposed in the bill will provide that parity. The legislation will give 403(b) plan participants a choice of more robust investment lineups consisting of lower-cost options that preserve principal and provide protected guaranteed lifetime income.

We appreciate the leadership and effort of House Financial Services Committee members who voted today to advance the Retirement Fairness for Charities and Educational Institutions Act of 2023. IRI will work with House leadership to bring this bill to a floor vote.”

IRI Letter of Support – May 3, 2023

IRI Press Release – May 3, 2023

# # #

Contact: Dan Zielinski

 

Stay Informed

Latest News

April 4, 2024

IRI ANNOUNCES LEADERSHIP, RISING STAR, AND CHAIRMAN AWARD RECIPIENTS

WASHINGTON, D.C. – The Insured Retirement Institute (IRI) presented three awards at its 2024 annual conference in Nashville, Tennessee, to…

Read more
April 2, 2024

RECORD CROWD WELCOMES IRI’S 2024 ANNUAL CONFERENCE TO NASHVILLE

WASHINGTON, D.C. – The Insured Retirement Institute (IRI) opened its 2024 Annual Conference to a record-setting crowd and sponsorship in…

Read more
March 19, 2024

IRI CONGRATULATES GARY ANDERSON ON NEW ROLE AS NAIC CEO

WASHINGTON, D.C. – The Insured Retirement Institute (IRI) issued the following statement on the announcement that the National Association of…

Read more
Scroll To Top