HR 1320 · 105th Congress · Labor and Employment
To amend the Internal Revenue Code of 1986 to waive in the case of multiemployer plans the section 415 limit on benefits to the participant's average compensation for his high 3 years.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(1997-04-14)
Plain Language Summary
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Amends the Internal Revenue Code to exempt multiemployer pension plans from provisions which limit pension benefits to a participant's average compensation for the participant's three highest consecutive years of compensation.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
18 Democrats2 Republicans