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.

Impact Analysis

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