3.0.0 5045 2023-01-11T13:43:47Z 2023-01-11T13:43:47Z Senate S 2020-12-17 116 ssfi00 Finance Committee Senate Standing Referred to 2020-12-17T19:22:31Z 2020-12-17 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7592-7593; text: CR S7593-7634) IntroReferral 2020-12-17 Introduced in Senate IntroReferral 10000 9 Library of Congress G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. N A000360 Sen. Alexander, Lamar [R-TN] Lamar Alexander R TN 2020-12-17 True Labor and Employment Accounting and auditing Administrative remedies Civil actions and liability Corporate finance and management Crimes against property Disability and paralysis Employee benefits and pensions Financial services and investments Government corporations and government-sponsored enterprises Interest, dividends, interest rates Pension Benefit Guaranty Corporation Labor and Employment 00 2020-12-17 Introduced in Senate 2021-08-10T10:52:06Z Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2020

This bill makes various changes with respect to the administration of multiemployer pension plans. Among other provisions, the bill allows qualified plans to apply for special partition assistance from the Pension Benefit Guaranty Corporation, revises the criteria for plans that are in endangered or critical status, and establishes rules for new composite plans that have certain attributes of both defined benefit and defined contribution plans.

]]> Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2020 Display Title Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2020 Short Title(s) as Introduced Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2020 Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to reform the treatment of multiemployer plans, to ensure the ability of the Pension Benefit Guaranty Corporation to provide guaranteed benefits of retirees, and for other purposes. Introduced in Senate IS Introduced in Senate 2020-12-17T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s5045is/xml/BILLS-116s5045is.xml 2020-12-17 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7592-7593; text: CR S7593-7634) 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.