CONGRESS FOR VOTERS

DemocratBill · H.R. 7556· House(119-HR-7556)

Pensions for All Act

Rep. Ramirez
Age: 43 years
Illinois
Introduced
2/12/2026
Last activity
2/12/2026 — Referred to the Committee on Ways and Means, and in addition to the Committees on Oversight and Government Reform, and Education and Workforce, 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.
Sponsored by
Delia Ramirez
Cosponsors
Democrat - 11Republican - 0
Labor and Employment
  1. Introduced
  2. In Committee

What this bill would do

This bill requires every employer in the United States to provide their workers with a retirement program that offers benefits equivalent to the Federal Employees Retirement System, or alternatively, to have their employees participate directly in the Federal Employees Retirement System. Self-employed individuals are also required to either enroll in an equivalent retirement program or participate in the Federal Employees Retirement System. Employers and self-employed individuals are permitted to change their coverage election at least annually. The legislation sets up rules for contributions, including specific reductions for certain small employers and self-employed individuals based on their revenue or income. Additionally, the bill imposes tax penalties on employers and self-employed individuals who fail to maintain the required retirement programs or make the necessary contributions.

Yes· 3 of 13

  • Would people over 65 be better off under this?+7

    The bill enhances long-term retirement security for future retirees by mandating comprehensive pension and savings plans.

  • Would retired people be better off under this?+7

    Ensures comprehensive retirement systems and stronger overall framework for long-term financial security.

  • Would people in their twenties and thirties be better off under this?+6

    Young adults benefit significantly from early and mandatory participation in robust retirement programs over their careers.

The opposite

  • Would business owners be better off under this?-3

    Business owners face increased administrative responsibilities and potential mandatory financial contributions or tax penalties for noncompliance.