S.2147: Pension Accountability Act

About This Bill

Bill Sponsor

Bill Summary

Pension Accountability Act This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to revise rules for voting on the suspension of pension benefits under multiemployer plans in endangered or critical status. The bill changes the voting procedure for suspending plan benefits to provide that a suspension shall go into effect unless a majority of plan participants and beneficiaries who cast a...

(Source: Library of Congress)

Bill Actions

Date Description
Oct. 7, 2015
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Oct. 7, 2015

Introduced in the Senate by Rob Portman (R-Ohio)

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