HR 6929 · 117th Congress · Labor and Employment
Susan Muffley Act of 2022
Bill Progress
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Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate.(2022-07-28)
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Plain Language Summary
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Susan Muffley Act of 2022 This bill restores the full vested monthly benefits for eligible participants of certain pension plans that were sponsored by Delphi Corporation and terminated as a result of General Motors' bankruptcy in 2009. The Pension Benefit Guaranty Corporation (PBGC) must recalculate and adjust each plan participant's monthly benefits payment. The PBGC must also apply the recalculation to previously-made monthly payments and make a lump-sum payment for any additional benefits based on the recalculation. The bill establishes and provides appropriations to a fund for the payment of these benefits and specifies how the lump-sum payments are treated for tax purposes.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeEstimated Budgetary Effects of H.R. 6929, the Susan Muffley Act of 2022
Jul 22, 2022As Posted on the Website of the House Committee on Rules on July 20, 2022
Full CBO report ↗Estimated Budgetary Effects of H.R. 6929, the Susan Muffley Act of 2022, as modified by Amendment 2, the Manager's Amendment
Jul 26, 2022As Posted on the Website of the House Committee on Rules on July 20, 2022
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (20)
12 Democrats8 Republicans