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S 5045 116th Congress Senate Labor and Employment Accounting and auditing Administrative remedies Civil actions and liability Corporate finance and management Crimes against property Disability and paralysis Employee benefits and pensions Financial services and investments Government corporations and government-sponsored enterprises Interest, dividends, interest rates Pension Benefit Guaranty Corporation

Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2020

Introduced: December 17, 2020 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 17, 2020
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7592-7593; text: CR S7593-7634)
Dec 17, 2020
Introduced in Senate
 Plain-English summary Congressional Research Service

Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2020

This bill makes various changes with respect to the administration of multiemployer pension plans. Among other provisions, the bill allows qualified plans to apply for special partition assistance from the Pension Benefit Guaranty Corporation, revises the criteria for plans that are in endangered or critical status, and establishes rules for new composite plans that have certain attributes of both defined benefit and defined contribution plans.

What's happening now December 17, 2020

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7592-7593; text: CR S7593-7634)

 Committees of jurisdiction 1