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HR 1942 100th Congress House Labor and Employment Employee benefit plans Pension funds Trusts and trustees

Pension Plan Assets Protection Act of 1987

Introduced: April 6, 1987 See on congress.gov
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 20, 1987
Referred to Subcommittee on Labor-Management Relations.
Apr 6, 1987
Introduced in House
Apr 6, 1987
Referred to House Committee on Education and Labor.
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 Plain-English summary Congressional Research Service

Pension Plan Assets Protection Act of 1987 - Amends the Employee Retirement Income Security Act of 1974 to disallow reversions of residual assets to employers upon single-employer plan termination. Provides that, if any assets of the plan remain after all liabilities to participants and their beneficiaries have been satisfied, such assets shall be equitably distributed to such participants and beneficiaries in the same proportions as assets of the plan are allocated to the benefits of such participants and beneficiaries in satisfying such liabilities.

Provides for the applicability of rules with regard to fiduciary duties in relation to plan terminations.

What's happening now April 20, 1987

Referred to Subcommittee on Labor-Management Relations.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Kaptur, Marcy
Ohio · Jun 29, 1987
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1942: Pension Plan Assets Protection Act of 1987. 100th Congress. Open America. https://openamerica.io/bill/100-HR-1942/
MLA
"H.R. 1942: Pension Plan Assets Protection Act of 1987." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-1942/.
Bluebook (legal)
H.R. 1942, 100th Cong. (2026), https://openamerica.io/bill/100-HR-1942/.
Markdown link
[H.R. 1942: Pension Plan Assets Protection Act of 1987](https://openamerica.io/bill/100-HR-1942/)
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