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Pension Accountability Act
Legislative Progress
Momentum (last 30 days)
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score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
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0d open
vs 3,805 other S bills in the 115th — cohort avg 41d
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 vote (currently, a majority of all plan participants and beneficiaries) reject the suspension. The bill also eliminates the authority of the Department of the Treasury, in the case of systemically important plans, to override a vote of plan participants to reject a suspension. A plan is systemically important if projected financial assistance to the plan will exceed $1 billion if suspensions are not implemented.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (3)
2017 · fourth_quarter · Taxation/Internal Revenue Code
Multiemployer pension plan issues S. 489 Pension Accountability Act Issues related to FY 2018 appropriations legislation
Client expense: Not reported · Firm income: $40,000
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Government targets: HOUSE OF REPRESENTATIVES, SENATE
S. 489, Pension Accountability Act; S. 270, Pension and Budget Integrity Act of 2017; H.R. 761, Pension and Budget Integrity Act of 2017
Client expense: $130,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Defense Logistics Agency, HOUSE OF REPRESENTATIVES, SENATE, Surface Transportation Board (STB)
2017 · third_quarter · Taxation/Internal Revenue Code
Multiemployer pension plan issues S. 489 Pension Accountability Act
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2017 · second_quarter · Taxation/Internal Revenue Code
Multiemployer pension plan issues S. 489 Pension Accountability Act
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
S. 489, Pension Accountability Act; S. 270, Pension and Budget Integrity Act of 2017; H.R. 761, Pension and Budget Integrity Act of 2017
Client expense: $100,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2017 · first_quarter · Retirement
Proposals to amend ERISA with respect to multi-employer pension plans Implementation of Multi-employer Pension Reform Act (MPRA). Withdrawal liability. Multi-employer pension plans & legacy/ orphan issues; proposed retiree benefit cuts; proposed premium increases Keep Our Pension Promises Act S. 489, Pension Accountability Act Multi-employer pension plans; composite plan proposals Funding status of multi employer pension plans DOL Fiduciary Rule
Client expense: $370,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Motor Carrier Safety Administration, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), President of the U.S., SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), U.S. Trade Representative (USTR), White House Office
2017 · first_quarter · Taxation/Internal Revenue Code
Multiemployer pension plan issues S. 489 Pension Accountability Act
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
S. 489, Pension Accountability Act; S. 270, Pension and Budget Integrity Act of 2017; H.R. 761, Pension and Budget Integrity Act of 2017
Client expense: $180,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE