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- S.2894
S.2894: Pension Fund Integrity Act of 2016
About This Bill
- Introduced April 28, 2016
- Latest Major Action April 28, 2016
Bill Sponsor
Bill Cosponsors
5 (All Democrats)
Bill Summary
Pension Fund Integrity Act of 2016 This bill amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to require salary reductions for certain employees of systemically important multiemployer pension plans that are in critical or declining status and that reduce participant benefits. When a benefit suspension is in effect, any compensation paid to employees of a plan that exceeds the amounts specified...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| April 28, 2016 |
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
|
| April 28, 2016 |
Introduced in the Senate by Debbie Stabenow (D-Mich.) |