Code · BILL · 117th Congress · S. 4154 (Introduced in Senate) — To provide better access to retirement plans through small businesses. · Sec. 3

Sec. 3. Pooled employer plans modification

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Section 3(43)(B)(ii) of the Employee Retirement Income Security Act of 1974 ( 29 U.S.C. 1002(43)(B)(ii) ) is amended to read as follows: designate a named fiduciary (other than an employer in the plan) to be responsible for collecting contributions to the plan and require such fiduciary to implement written contribution collection procedures that are reasonable, diligent, and systematic; .

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U.S. Code

Definitions
§ 1002

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Sec. 3

Pooled employer plans modification

U.S.C.§ 1002

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