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Congress·In Progress·6 months ago

Worker Retirement Plans: New Reporting Rules for Agency Help in Lawsuits

Also known as: Balance the Scales Act

Key Points

  • Requires the Labor Department to put any help it gives to a worker’s lawyer in writing before sharing it.
  • Makes the department give that written agreement to any employer or retirement plan that could be hurt by the help.
  • Forces an annual report to Congress listing these agreements, what information was shared, and records of calls and meetings.
  • Says the report must name the parties to the agreement but cannot include details that would identify other possible defendants.
  • Adds a statement that Congress wants to encourage employers to keep offering retirement and pension plans.
Labor EmploymentConsumer Protection

Milestones

3 milestones4 actions
Sep 17, 2025House

Ordered to be Reported (Amended) by the Yeas and Nays: 19 - 16.

Sep 17, 2025House

Committee Consideration and Mark-up Session Held

Apr 17, 2025House

Referred to the House Committee on Education and Workforce.

Apr 17, 2025

Introduced in House

Source Information

Document Type

Congressional Bill

Official Title

Balance the Scales Act

Bill NumberHR 2958
Congress119th Congress
ChamberHouse of Representatives
Latest ActionOrdered to be Reported (Amended) by the Yeas and Nays: 19 - 16.

Sponsor

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.