A bill to amend the Employee Retirement Income Security Act of 1974 to provide that any mandatory predispute or coerced postdispute arbitration clause, class action waiver, representation waiver, or discretionary clause with respect to a plan is unenforceable, to prohibit any such clause or waiver from being included in a plan document or other agreement with plan participants, and for other purposes.

Based on the bill's title, this legislation would amend the Employee Retirement Income Security Act of 1974 to prohibit and render unenforceable mandatory arbitration clauses, class action waivers, representation waivers, and discretionary clauses in employee retirement plans. The bill would prevent such clauses from being included in plan documents or agreements with plan participants. The bill's specific mechanisms and scope cannot be fully assessed without the complete text.

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