Vested Employee Pension Benefit Protection Act
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Vested Employee Pension Benefit Protection Act
This bill 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: (1) they are not separated from employment at the time of such distributions, (2) they were participants in such plan on or before April 30, 2013, and (3) the plan provides for payment of separate accrued benefits when the employee attains the plan's normal retirement age.
The bill suspends payment of distributions for such building and construction industry employees if their multi-employer plan is in endangered or critical status.
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.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3648: Vested Employee Pension Benefit Protection Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-3648/
"H.R. 3648: Vested Employee Pension Benefit Protection Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-3648/.
H.R. 3648, 115th Cong. (2026), https://openamerica.io/bill/115-HR-3648/.
[H.R. 3648: Vested Employee Pension Benefit Protection Act](https://openamerica.io/bill/115-HR-3648/)