,,ii  #aah? ,,congress  #b;d ,session   
,s4 #chcg  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,febru>y #bi1          
#bjbd,mrs4 ,murray 7= h]self & ,mr4     
,s*mitt7 introduc$ ! foll[+ bill2 :i* 0 
read twice & ref]r$ to ! ,committee on  
,arm$ ,s]vices  ,a ,,bill  ,to improve  
f9ancial lit]acy tra9+ = memb]s ( !     
,arm$ ,=ces4  #a4 ,%ort title ,?is ,act 
may be cit$ z ! ,s]vice ,memb]s ,are    
,ready ,to ,save ,act ( #bjbd or !      
,,sm>t ,save ,act ( #bjbd4  #b4         
,improvem5ts to f9ancial lit]acy tra9+  
7a7 ,9 g5]al ,subsection 7a7 ( section  
#iib ( title #aj1 ,unit$ ,/ates ,code1  
is am5d$-- 7#a7 9 p>agraph 7#b77;,c71 by
 /rik+ grade ,e-#d & ins]t+ grade ,e-#f2
  7#b7 by add+ at ! end ! foll[+ new    
p>agraph3  7#e7 ,9 c>ry+ out ! program  
to provide tra9+ "u ?is subsection1 !   
,secret>y conc]n$ %all-- 7,a7 use a     
curriculum across all milit>y dep>tm5ts 
= su* tra9+ t-- 7i7 focuses on ensur+ t 
memb]s ( ! arm$ =ces :o receive su*     
tra9+ develop pr(ici5cy 9 f9ancial      

lit]acy r ?an focus+ on completion (    
tra9+ modules2  7ii7 is bas$ on be/     
practices ( ! ,f9ancial ,lit]acy        
,education ,commission e/abli%$ "u      
section #eac ( ! ,f9ancial ,lit]acy &   
,education ,improvem5t ,act 7#bj        
,u4,s4,c4 #igjb72 &  7iii7 is design$ to
 address ! ne$s ( memb]s & _! families2 
7,b7 ensure t su* tra9+-- 7i7 is        
conduct$ by a f9ancial s]vices c\nselor 
:o is qualifi$ z describ$ 9 p>agraph    
7#c7 ( subsection 7b7 or by o!r means z 
describ$ 9 p>agraph 7#b77;,a77ii7 ( t   
subsection2  7ii7 is provid$1 to ! ext5t
 practicable & 9 a mann] t does n h>m   
mission read9ess-- 7,i7 9 a class held 9
 p]son ) few] ?an #ajj att5dees2 or     
7,,ii7 "o-on-"o betwe5 ! memb] & a      
f9ancial s]vices c\nselor or a qualifi$ 
repres5tative describ$ 9 subsection     
7b77#b77;,a77ii77,,iii72 &  7iii7 is    
provid$ us+ comput]-bas$ me?ods only if 
me?ods describ$ 9 clause 7ii7 are       
impractical or unavailable2  7,c7 ensure
 t-- 7i7 an 9-p]son class describ$ 9    

subp>agraph 7,b77i77,i7 is available to 
! sp\se ( a memb]2 &  7ii7 if a sp\se ( 
a memb] is unable to att5d su* a class 9
 p]son-- 7,i7 tra9+ is available to !   
sp\se ?r\gh an onl9e program manag$ by !
 ,dep>tm5t ( ,def5se2 &  7,,ii7 ! memb] 
is in=m$ dur+ ! 9-p]son tra9+ ( ! memb] 
"u subp>agraph 7,b77i7 ) respect to h[ !
 memb]'s sp\se c access ! tra9+2 &  7,d7
 ensure t su* tra9+1 & all docum5ts &   
mat]ials provid$ 9 relation to su*      
tra9+1 are pres5t$ or writt5 9 mann] t !
 ,secret>y det]m9es c be und]/ood by !  
av]age enli/$ memb]4  4  7b7 ,provision 
( retirem5t in=mation ,su* section is   
fur!r am5d$-- 7#a7 by r$esignat+        
subsections 7d7 & 7e7 z subsections 7e7 
& 7g71 respectively2 &  7#b7 by ins]t+  
aft] subsection 7c7 ! foll[+ new        
subsection 7d73  7d7 ,provision (       
retirem5t in=mation ,9 ea* tra9+ "u     
subsection 7a7 & 9 ea* meet+ to provide 
c\nsel+ "u subsection 7b71 a memb] ( !  
arm$ =ces %all be provid$ )-- 7#a7 all  
=ms relat+ to retirem5t t are relevant  

to ! memb]1 includ+ ) respect to !      
,?rift ,sav+s ,plan2  7#b7 in=mation )  
respect to h[ to f9d additional         
in=mation2 &  7#c7 contact in=mation =  
c\nselors provid$ ?r\gh ! ,p]sonal      
,f9ancial ,c\nselor program1 ! ,p]sonal 
,f9ancial ,managem5t program1 or onl9e  
programs manag$ by ! ,dep>tm5t (        
,def5se4  4  7c7 ,report on effectiv5ess
 ( f9ancial s]vices c\nsel+  7#a7 ,9    
g5]al ,n lat] ?an #c ye>s aft] ! date ( 
! enactm5t ( ?is ,act1 ! ,secret>y (    
,def5se %all submit to ! congressional  
def5se committees a report on f9ancial  
lit]acy tra9+ & f9ancial s]vices c\nsel+
 provid$ "u section #iib ( title #aj1   
,unit$ ,/ates ,code1 z am5d$ by ?is     
section1 t assesses-- 7,a7 !            
effectiv5ess ( su* tra9+ & c\nsel+1 :i* 
%all be det]m9$ us+ actual localiz$ data
 simil> to ! ,unit ,risk ,inv5tory      
,survey ( ! ,army2 &  7,b7 :e!r         
additional tra9+ or c\nsel+ is necess>y 
= enli/$ memb]s ( ! ,arm$ ,=ces or =    
(fic]s4  7#b7 ,foll[-on report ,n lat]  

?an #f ye>s aft] ! date ( ! enactm5t (  
?is ,act1 ! ,secret>y %all submit to !  
congressional def5se committees a report
 on ! ef=ts ( ! ,dep>tm5t ( ,def5se to  
address any conc]ns rais$ 9 ! report    
requir$ by p>agraph 7#a74  7#c7         
,congressional def5se committees def9$  
,9 ?is subsection1 ! t]m congressional  
def5se committees has ! mean+ giv5 t t]m
 9 section #aja ( title #aj1 ,unit$     
,/ates ,code4  7d7 ,regulations ,!      
,secret>y ( ,def5se may prescribe su*   
regulations z are necess>y to c>ry out !
 am5dm5ts made by ?is section4