H.R.423: Emergency Pension Plan Relief Act of 2021

About This Bill

  • Introduced Jan. 21, 2021
  • Latest Major Action Jan. 21, 2021

Bill Version

Bill Summary

Emergency Pension Plan Relief Act of 2021 This bill modifies the funding rules and provides financial assistance for certain pension plans that are underfunded or insolvent. First, the bill expands the authority of, and provides funding for, the Pension Benefit Guaranty Corporation (PBGC) to provide special partition assistance to a multiemployer pension plan that is insolvent or at risk of insolvency. The bill expands eligibility for...

(Source: Library of Congress)

Bill Actions

Date Description
Jan. 21, 2021
Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, 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.
Jan. 21, 2021

Introduced in the House by Robert C. Scott (D-Va.)

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