HR 3837
113th Congress
House
Taxation
Building construction
Employee benefits and pensions
Income tax deferral
Vested Employee Pension Benefit Protection Act
Introduced: January 9, 2014
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 13, 2014
Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Jan 9, 2014
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 9, 2014
Introduced in House
Plain-English summary
Vested Employee Pension Benefit Protection Act - Amends the Internal Revenue Code to allow employees in the building and construction industry to make distributions from their tax-exempt multi-employer pension plan at age 55 if they are not separated from employment at the time of such distributions and were participants in such plan on or before April 30, 2013, and the plan provides for payment of separate accrued benefits when the employee attains the plan's normal retirement age. Suspends payment of distributions for such building and construction industry employees if their multi-employer plan is in endangered or critical status.
What's happening now
Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Committees of jurisdiction
3
Cosponsors
1