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H.R. 4111 100th Congress House

Employer Reversion Moratorium Act of 1988

Official title: A bill to amend title I of the Employee Retirement Income Security Act of 1974 to provide for a moratorium on reversions to employers of assets of terminated p… Show full official titleShow less

Official title: A bill to amend title I of the Employee Retirement Income Security Act of 1974 to provide for a moratorium on reversions to employers of assets of terminated pension plans and to establish as a fiduciary duty that assets of such plans which would otherwise revert to the employer but for the moratorium must be maintained in trust until the end of the moratorium.

Introduced: July 27, 1988 See on congress.gov
Labor and Employment Employee benefit plansPension fundsTrusts and trustees
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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
Mar 22, 1988
Referred to Subcommittee on Labor-Management Relations.
Mar 9, 1988
Referred to House Committee on Education and Labor.
Mar 9, 1988
Introduced in House
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 Latest action March 22, 1988

Referred to Subcommittee on Labor-Management Relations.

 Plain-English summary Congressional Research Service

Employer Reversion Moratorium Act of 1988 - Amends the Employee Retirement Income Security Act of 1974 to prohibit distributions to an employer, before October 1, 1989, of plan assets in connection with any single-employer defined benefit plan termination announced on or after March 9, 1988.

Makes plan fiduciaries jointly and severally liable for breach of fiduciary duty unless assets distributed upon plan termination are either distributed to plan participants and beneficiaries or paid into a trust whose terms provide for final disposition in accordance with applicable law in effect on October 1, 1989. Requires the dissolution of such a trust and the distribution of its assets during the month of October 1989.

 Related & companion bills 1
  • S 2284 Identical bill Employer Reversion Moratorium Act of 1988
 Committees of jurisdiction 2
 Cosponsors 8
All 8 Democratic 4 Republican 1
D
Durbin, Richard J.
Illinois · Oct 4, 1988
 D
Markey, Edward J.
Massachusetts · Aug 11, 1988
TAUZIN, W.
· Aug 11, 1988
 D
Kaptur, Marcy
Ohio · Jul 27, 1988
LIPINSKI, WILLIAM
· Jul 27, 1988
 R
Smith, Christopher H.
New Jersey · Jun 30, 1988
FROST, MARTIN
· May 11, 1988
 D
Mfume, Kweisi
Maryland · Mar 9, 1988
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4111: Employer Reversion Moratorium Act of 1988. 100th Congress. Open America. https://openamerica.io/bill/100-HR-4111/
MLA
"H.R. 4111: Employer Reversion Moratorium Act of 1988." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-4111/.
Bluebook (legal)
H.R. 4111, 100th Cong. (2026), https://openamerica.io/bill/100-HR-4111/.
Markdown link
[H.R. 4111: Employer Reversion Moratorium Act of 1988](https://openamerica.io/bill/100-HR-4111/)
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