HR 2813 · 99th Congress · Labor and Employment

Single-Employer Pension Plan Amendments Act of 1985

Introduced 1985-06-20· Sponsored by Rep. Clay, William (Bill) [D-MO-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Ordered to be Reported (Amended).(1985-09-11)

Plain Language Summary

[AI summary unavailable — showing source text] Single-Employer Pension Plan Amendments Act of 1985 - Amends title IV (Plan Termination Insurance) of the Employee Retirement Income Security Act of 1974 (ERISA) to revise provisions relating to the single-employer pension plan termination insurance program. Sets forth redefinitions or new definitions relating to such program for the following terms: (1) substantial employer; (2) contributing sponsor; (3) controlled group; (4) single-employer plan; (5) benefit entitlements; (6) amount of unfunded guaranteed benefits; (7) amount of unfunded benefit entitlements; (8) outstanding amount of benefit entitlements; (9) person; (10) affected party; and (11) section 4049 trustee. Sets forth a technical correction to the Multiemployer Pension Plan Amendments of 1980. Specifies that the adoption and operation of a provision of a single-employer plan amendment is not a termination, for purposes of the title IV plan termination insurance program, if the sole effect of such provision is to provide that some or all service performed on or after a specified date will not be taken into account under the plan solely for purposes of determining benefits accrued on or after such specified date (in acc…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (6)

5 Democrats1 Republican