Restoring Rights of Medical Residents Act

HR 3018, the Restoring Rights of Medical Residents Act, repeals Section 207 of the Pension Funding Equity Act of 2004 (15 U.S.C. 37B), which previously barred medical residents from certain pension benefits during their training. This change directly affects medical residents, allowing them to qualify for pension benefits they were previously excluded from under the 2004 provision. The bill’s key mechanism is the removal of this specific pension eligibility barrier. It takes effect on the first March 18 following its enactment.