To amend title IV of the Employee Retirement Income Security Act of 1974 to provide for a guarantee by the Pension Benefit Guaranty Corporation for qualified preretirement survivor annuities under insolvent or terminated multiemployer pension plans.

3.0.0 5981 2022-02-03T05:53:08Z 2022-02-03T05:53:08Z House H HR 2012-06-20 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PETRI:H.R. 5981.Congress has the power to enact this legislation pursuantto the following:Clauses 1 and 3 of Section 8 of Article I of theConstitution of the United States.[Page H3915]]]> hsed00 Education and the Workforce Committee House Standing hsed02 Health, Employment, Labor, and Pensions Subcommittee Referred to 2012-09-26T18:35:00Z Referred to 2012-06-20T14:01:15Z 2012-09-26 hsed02 Health, Employment, Labor, and Pensions Subcommittee 1 House committee actions Referred to the Subcommittee on Health, Employment, Labor, and Pensions. Committee 2012-06-20 Referred to the House Committee on Education and the Workforce. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2012-06-20 Sponsor introductory remarks on measure. (CR E1093) IntroReferral B00100 9 Library of Congress 2012-06-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-06-20 Introduced in House IntroReferral 1000 9 Library of Congress P000265 Rep. Petri, Thomas E. [R-WI-6] TOM PETRI R WI 6 N A000210 Rep. Andrews, Robert E. [D-NJ-1] ROBERT ANDREWS D NJ E. 1 2012-06-20 True Labor and Employment Employee benefits and pensions Labor and Employment

00 2012-06-20 Introduced in House 2012-06-27T21:23:14Z Amends the Employee Retirement Income Security Act of 1974 (ERISA) to declare that a qualified preretirement survivor annuity with respect to a participant under a multiemployer plan which becomes insolvent or is terminated shall not be treated as forfeitable solely because the participant has not died as of the date on which the plan became so insolvent or the termination date. (Thus guarantees, in the absence of other disqualifying factors, the payment by the Pension Benefit Guaranty Corporation [PBGC] of a qualified preretirement survivor annuity to a participant of a multiemployer pension plan which becomes insolvent or is terminated.)

]]>

To amend title IV of the Employee Retirement Income Security Act of 1974 to provide for a guarantee by the Pension Benefit Guaranty Corporation for qualified preretirement survivor annuities under insolvent or terminated multiemployer pension plans. Display Title To amend title IV of the Employee Retirement Income Security Act of 1974 to provide for a guarantee by the Pension Benefit Guaranty Corporation for qualified preretirement survivor annuities under insolvent or terminated multiemployer pension plans. Official Title as Introduced To amend title IV of the Employee Retirement Income Security Act of 1974 to provide for a guarantee by the Pension Benefit Guaranty Corporation for qualified preretirement survivor annuities under insolvent or terminated multiemployer pension plans. Introduced in House 2012-06-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr5981ih/xml/BILLS-112hr5981ih.xml 2012-09-26 Referred to the Subcommittee on Health, Employment, Labor, and Pensions. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.