S.547: Butch Lewis Emergency Pension Plan Relief Act of 2021

About This Bill

  • Introduced March 2, 2021
  • Latest Major Action March 2, 2021

Bill Version

Bill Summary

Butch Lewis 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...

(Source: Library of Congress)

Bill Actions

Date Description
March 2, 2021
Read twice and referred to the Committee on Finance.
March 2, 2021

Introduced in the Senate by Sherrod Brown (D-Ohio)

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