Skip to main content
H.R. 3596 115th Congress House

Rightsizing Pension Premiums Act of 2017

Official title: To amend the Employee Retirement Income Security Act of 1974 to adjust single-employer premiums, and for other purposes.

Introduced: July 28, 2017 Introduced by: Mike Kelly Republican · Pennsylvania See on congress.gov
Labor and Employment Budget processEmployee benefits and pensionsExecutive agency funding and structureGovernment corporations and government-sponsored enterprises
More subjectsShow fewer subjects
Legislative rules and procedurePension Benefit Guaranty CorporationSmall business
Sign in to write a letter Sign in to watch
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 28, 2017
Referred to the Committee on Education and the Workforce, and in addition to the Committees on Rules, and the Budget, 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.
Jul 28, 2017
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action July 28, 2017

Referred to the Committee on Education and the Workforce, and in addition to the Committees on Rules, and the Budget, 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.

 Plain-English summary Congressional Research Service

Rightsizing Pension Premiums Act of 2017

This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to: (1) modify the formula that the Pension Benefit Guaranty Corporation (PBGC) uses to calculate the funded percentage of single-employer pension plans, and (2) reduce single-employer PBGC premiums for pension plans that are sponsored by certain small employers or have specified PBGC funded percentages.

The bill also prohibits the budget effects of provisions that change PBGC premiums from being counted for the purposes of determining budget points of order for legislation in the House or the Senate.

(The PBGC is a federal agency that insures the benefits of private sector, defined benefit pension plans. The PBGC is financed by insurance premiums paid by sponsors of the plans, investment income, assets from pension plans taken over by the PBGC, and recoveries from the companies formerly responsible for the plans.)

 Related & companion bills 2
  • HR 761 Pension and Budget Integrity Act of 2017
  • S 270 Pension and Budget Integrity Act of 2017
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 137
All 137 Democratic 17 Republican 43
SMITH, LAMAR
· May 7, 2018
 R
Norman, Ralph
South Carolina · Apr 27, 2018
Butterfield, G. K.
· Apr 26, 2018
 D
Clyburn, James E.
South Carolina · Apr 26, 2018
Coffman, Mike
· Apr 26, 2018
McSally, Martha
· Mar 8, 2018
Rice, Tom
· Mar 8, 2018
Burgess, Michael
· Feb 13, 2018
 R
Jordan, Jim
Ohio · Feb 13, 2018
Lamborn, Doug
· Feb 13, 2018
Lujan Grisham, Michelle
· Feb 13, 2018
Pearce, Stevan
· Feb 13, 2018
Tipton, Scott
· Feb 13, 2018
Brown, Anthony
· Dec 14, 2017
Comstock, Barbara
· Dec 13, 2017
 D
Davis, Danny K.
Illinois · Dec 13, 2017
Gabbard, Tulsi
· Dec 13, 2017
 R
Mast, Brian J.
Florida · Dec 13, 2017
 R
Simpson, Michael K.
Idaho · Dec 13, 2017
 R
Loudermilk, Barry
Georgia · Dec 12, 2017
Hanabusa, Colleen
· Dec 7, 2017
 R
Hudson, Richard
North Carolina · Dec 7, 2017
 D
Johnson, Henry C. "Hank"
Georgia · Dec 7, 2017
Roby, Martha
· Dec 7, 2017
Sinema, Kyrsten
· Dec 7, 2017
Walz, Timothy
· Dec 7, 2017
Bustos, Cheri
· Dec 6, 2017
 R
Bergman, Jack
Michigan · Dec 4, 2017
 D
Brownley, Julia
California · Dec 4, 2017
 R
Comer, James
Kentucky · Dec 4, 2017
 R
Dunn, Neal P.
Florida · Dec 4, 2017
 D
Sewell, Terri A.
Alabama · Dec 4, 2017
Yoder, Kevin
· Dec 4, 2017
 R
Bacon, Don
Nebraska · Dec 1, 2017
Ferguson, A.
· Dec 1, 2017
 R
Grothman, Glenn
Wisconsin · Dec 1, 2017
 R
Rutherford, John H.
Florida · Dec 1, 2017
 R
Crawford, Eric A. "Rick"
Arkansas · Nov 30, 2017
Gianforte, Greg
· Nov 30, 2017
 D
Plaskett, Stacey E.
Virgin Islands · Nov 30, 2017
Schrader, Kurt
· Nov 30, 2017
 R
Thompson, Glenn
Pennsylvania · Nov 30, 2017
 R
Bost, Mike
Illinois · Nov 29, 2017
Bucshon, Larry
· Nov 29, 2017
Byrne, Bradley
· Nov 29, 2017
Jenkins, Lynn
· Nov 29, 2017
Cárdenas, Tony
· Nov 28, 2017
 R
Carter, Earl L. "Buddy"
Georgia · Nov 28, 2017
Payne, Donald
· Nov 28, 2017
WALDEN, GREG
· Nov 28, 2017
Page 1 of 3 Next
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3596: Rightsizing Pension Premiums Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-3596/
MLA
"H.R. 3596: Rightsizing Pension Premiums Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-3596/.
Bluebook (legal)
H.R. 3596, 115th Cong. (2026), https://openamerica.io/bill/115-HR-3596/.
Markdown link
[H.R. 3596: Rightsizing Pension Premiums Act of 2017](https://openamerica.io/bill/115-HR-3596/)
Report a problem