1. Short title This Act may be cited as the Portable Retirement and Investment Account Act of 2018 or the PRIA Act of 2018 . 2. Portable Retirement and Investment Account Board (a) Establishment There is established a Portable Retirement and Investment Board (referred to in this Act as the Board ) to be headed by a Director (referred to in this Act as the Director ). (b) Membership (1) In general The Board shall consist of— (A) 3 members appointed by the Secretary of the Treasury; (B) 3 members appointed by the Secretary of Labor; (C) 2 members appointed by the Pension Benefit Guaranty Corporation