II 116th CONGRESS 2d Session S. 3417 IN THE SENATE OF THE UNITED STATES March 9, 2020 Mrs. Murray (for herself, Ms. Smith , and Ms. Baldwin ) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions A BILL To require pension plans that offer participants and beneficiaries the option of receiving lifetime annuity payments as lump sum payments, to meet certain notice and disclosure requirements.