S.1872: A bill to amend the Employee Retirement Income Security Act of 1974 to require the Pension Benefit Guaranty Corporation to notify plan participants and beneficiaries of the commencement of proceedings to terminate such plan.

About This Bill

Bill Sponsor

Bill Summary

Amends the Employee Retirement Income Security Act of 1974 (ERISA) to direct the Pension Benefit Guaranty Corporation (PBGC) to notify affected parties of the commencement of PBGC proceedings to terminate a defined benefit plan, within 30 days after the PBGC notifies a plan administrator regarding such proceedings.Requires the plan administrator to provide the PBGC with a list of the names and addresses of all participants and beneficiaries of...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Dec. 20, 2001

Introduced in the Senate by Evan Bayh (D-Ind.)

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