S 2853
106th Congress
Senate
Labor and Employment
Defined benefit pension plans
Defined contribution plans
Retirement age
Social Welfare
Tax-deferred compensation plans
Taxation
A bill to amend the Internal Revenue Code of 1986 to allow distributions to be made from certain pension plans before the participant is severed from employment.
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 2000
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6575)
Jul 12, 2000
Sponsor introductory remarks on measure. (CR S6575)
Jul 12, 2000
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to allow certain pension distributions prior to employment severance if made before the earliest of a participant's: (1) normal retirement age; (2) attainment of age 59 and one-half; or (3) completion of 30 years' service.
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6575)
Committees of jurisdiction
1