Multiemployer Retirement Income Protection Act of 1982

[AI summary unavailable — showing source text] Multiemployer Retirement Income Protection Act of 1982 - Title I: Amendments to the Employee Employee Retirement Income Security Act of 1974 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to add special funding rules for multiemployer plans. Revises provisions relating to risk-related premiums. Requires that a single standard premium rate be prescribed for all multiemployer plans, with specified exceptions. Revises provisions for an annual premium rate payable for any plan year to the Pension Benefit Guaranty Corporation by all plans for guaranteed basic benefits. Revises provisions relating to contributions and benefits payable following plan termination. Revises provisions relating to the sale of assets. Provides an exemption for employers from liability for withdrawals from fully funded plans. Revises provisions relating to actuarial assumptions and methods. Provides an exemption for certain involuntary withdrawals. Revises provisions relating to payment of liability. Limits the amount of the withdrawal liability payment, during the first two years of required annual payments, to 120 percent of the product of the last plan year's number of contribution unit…