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Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2021
Legislative Progress
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vs 5,357 other S bills in the 117th — cohort avg 38d
Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2021 This bill makes various changes with respect to the administration of multiemployer pension plans. Among other provisions, the bill allows qualified multiemployer plans to apply for special partition assistance from the Pension Benefit Guaranty Corporation (PBGC). Partition assistance generally authorizes the PBGC to take financial responsibility for a portion of the liabilities of a plan at risk of insolvency. Subject to certain exceptions and conditions, special partition assistance expands eligibility for partition assistance and does not require plans to repay the amount of assistance received. The bill also revises the PBGC rules for determining whether a plan is insolvent and the procedures for terminating a plan that fails to meet certain standards. Additionally, the bill sets forth the discount rates used to estimate a plan's future benefit payment obligations, which affect an employer's minimum contribution to the plan. It also establishes a stable funding status and an unrestricted funding status and revises the criteria for plans that are in endangered, critical, and critical and declining statuses. Finally, the bill establishes rules for new composite plans. Composite plans provide annuity benefits to plan participants, establish fixed contributions from employers, and require realignment measures if the plan's projected funded ratio falls below 120%. A composite plan's projected funded ratio is the actuarial projection of the plan's assets compared to liabilities as of the first plan day of the 15th plan year following a given plan year.
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 (2)
2022 · fourth_quarter · Labor Issues/Antitrust/Workplace
Definition of independent contractor; Multi-employer Pension Reform; H.R.1319 - American Rescue Plan Act of 2021; H.R.1284/S.403 - FOCA Act; Paid Leave, Family Medical Leave; Joint Employer; H.R.447 - National Apprenticeship Act of 2021; H.R.2037/S.864 - To extend Federal Pell Grant eligibility of certain short-term programs; S.589 - Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2021; H.R.842/S.420 - Protecting the Right to Organize Act of 2021; H.R.602/S.200 - Relaunching Americas Workforce Act; American Jobs Plan; S.1298 - Clean Energy for America Act; H.R.3684 - INVEST in America Act; H.R.3473/S.1827 - Build Local, Hire Local Act; H.R.5376 - Build Back Better Act; H.R.3684 -(as amended)- Infrastructure Investment and Jobs Act; H.R.4521 - America COMPETES Act of 2022; S.3889 - Employee Rights Act; H.R.5376, Inflation Reduction Act of 2022
Read twice and referred to the Committee on Finance.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $261,261 · Firm income: Not reported
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), SENATE
2022 · fourth_quarter · Labor Issues/Antitrust/Workplace
Definition of independent contractor; Multi-employer Pension Reform; H.R.1319 - American Rescue Plan Act of 2021; H.R.1284/S.403 - FOCA Act; Paid Leave, Family Medical Leave; Joint Employer; H.R.447 - National Apprenticeship Act of 2021; H.R.2037/S.864 - To extend Federal Pell Grant eligibility of certain short-term programs; S.589 - Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2021; H.R.842/S.420 - Protecting the Right to Organize Act of 2021; H.R.602/S.200 - Relaunching Americas Workforce Act; American Jobs Plan; S.1298 - Clean Energy for America Act; H.R.3684 - INVEST in America Act; H.R.3473/S.1827 - Build Local, Hire Local Act; H.R.5376 - Build Back Better Act; H.R.3684 -(as amended)- Infrastructure Investment and Jobs Act; H.R.4521 - America COMPETES Act of 2022; S.3889 - Employee Rights Act; H.R.5376, Inflation Reduction Act of 2022
Client expense: $261,261 · Firm income: Not reported
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), SENATE
2022 · third_quarter · Labor Issues/Antitrust/Workplace
Definition of independent contractor; Multi-employer Pension Reform; H.R.1319 - American Rescue Plan Act of 2021; H.R.1284/S.403 - FOCA Act; Paid Leave, Family Medical Leave; Joint Employer; H.R.447 - National Apprenticeship Act of 2021; H.R.2037/S.864 - To extend Federal Pell Grant eligibility of certain short-term programs; S.589 - Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2021; H.R.842/S.420 - Protecting the Right to Organize Act of 2021; H.R.602/S.200 - Relaunching Americas Workforce Act; American Jobs Plan; S.1298 - Clean Energy for America Act; H.R.3684 - INVEST in America Act; H.R.3473/S.1827 - Build Local, Hire Local Act; H.R.5376 - Build Back Better Act; H.R.3684 -(as amended)- Infrastructure Investment and Jobs Act; H.R.4521 - America COMPETES Act of 2022; S.3889 - Employee Rights Act; H.R.5376, Inflation Reduction Act of 2022
Client expense: $277,725 · Firm income: Not reported
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), SENATE
2022 · second_quarter · Labor Issues/Antitrust/Workplace
Definition of independent contractor; Multi-employer Pension Reform; H.R.1319 - American Rescue Plan Act of 2021; H.R.1284/S.403 - FOCA Act; Paid Leave, Family Medical Leave; Joint Employer; H.R.447 - National Apprenticeship Act of 2021; H.R.2037/S.864 - To extend Federal Pell Grant eligibility of certain short-term programs; S.589 - Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2021; H.R.842/S.420 - Protecting the Right to Organize Act of 2021; H.R.602/S.200 - Relaunching Americas Workforce Act; American Jobs Plan; S.1298 - Clean Energy for America Act; H.R.3684 - INVEST in America Act; H.R.3473/S.1827 - Build Local, Hire Local Act; H.R.5376 - Build Back Better Act; H.R.3684 -(as amended)- Infrastructure Investment and Jobs Act; H.R.4521 - America COMPETES Act of 2022; S.3889 - Employee Rights Act
Client expense: $254,526 · Firm income: Not reported
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), SENATE
2022 · first_quarter · Labor Issues/Antitrust/Workplace
Definition of independent contractor; Multi-employer Pension Reform; H.R.1319 - American Rescue Plan Act of 2021; H.R.1284/S.403 - FOCA Act; Paid Leave, Family Medical Leave; Joint Employer; H.R.447 - National Apprenticeship Act of 2021; H.R.2037/S.864 - To extend Federal Pell Grant eligibility of certain short-term programs; S.589 - Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2021; H.R.842/S.420 - Protecting the Right to Organize Act of 2021; H.R.602/S.200 - Relaunching Americas Workforce Act; American Jobs Plan; S.1298 - Clean Energy for America Act; H.R.3684 - INVEST in America Act; H.R.3473/S.1827 - Build Local, Hire Local Act; H.R.5376 - Build Back Better Act; H.R.3684 -(as amended)- Infrastructure Investment and Jobs Act; H.R.4521 - America COMPETES Act of 2022; S.3889 - Employee Rights Act
Client expense: $252,868 · Firm income: Not reported
Government targets: Education, Dept of, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), SENATE
2021 · fourth_quarter · Labor Issues/Antitrust/Workplace
Definition of independent contractor; Multi-employer Pension Reform; H.R.1319 - American Rescue Plan Act of 2021; H.R.1284/S.403 - FOCA Act; Paid Leave, Family Medical Leave; Joint Employer; H.R.447 - National Apprenticeship Act of 2021; H.R.2037/S.864 - To extend Federal Pell Grant eligibility of certain short-term programs; S.589 - Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2021; H.R.842/S.420 - Protecting the Right to Organize Act of 2021; H.R.602/S.200 - Relaunching Americas Workforce Act; American Jobs Plan; S.1298 - Clean Energy for America Act; H.R.3684 - INVEST in America Act; H.R.3473/S.1827 - Build Local, Hire Local Act; H.R.5376 - Build Back Better Act; H.R.3684 -(as amended)- Infrastructure Investment and Jobs Act
Client expense: $298,946 · Firm income: Not reported
Government targets: Army, Dept of (Corps of Engineers), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Education, Dept of, Environmental Protection Agency (EPA), Federal Highway Administration (FHA), Federal Motor Carrier Safety Administration, Federal Transit Administration (FTA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, White House Office
2021 · third_quarter · Labor Issues/Antitrust/Workplace
Definition of independent contractor; Multi-employer Pension Reform; H.R.1319 - American Rescue Plan Act of 2021; H.R.1284/S.403 - FOCA Act; Paid Leave, Family Medical Leave; Joint Employer; H.R.447 - National Apprenticeship Act of 2021; H.R.2037/S.864 - To extend Federal Pell Grant eligibility of certain short-term programs; S.589 - Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2021; H.R.842/S.420 - Protecting the Right to Organize Act of 2021; H.R.602/S.200 - Relaunching Americas Workforce Act; American Jobs Plan; S.1298 - Clean Energy for America Act; H.R.3684 - INVEST in America Act; H.R.3473/S.1827 - Build Local, Hire Local Act; H.R.5376 - Build Back Better Act; H.R.3684 -(as amended)- Infrastructure Investment and Jobs Act
Client expense: $209,139 · Firm income: Not reported
Government targets: Army, Dept of (Corps of Engineers), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Education, Dept of, Environmental Protection Agency (EPA), Federal Highway Administration (FHA), Federal Motor Carrier Safety Administration, Federal Transit Administration (FTA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, White House Office
2021 · second_quarter · Labor Issues/Antitrust/Workplace
Multiemployer Pension Recapitalization and Reform Act of 2021 (S.589)
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2021 · second_quarter · Labor Issues/Antitrust/Workplace
Definition of independent contractor; Multi-employer Pension Reform; H.R.1319 - American Rescue Plan Act of 2021; H.R.1284/S.403 - FOCA Act; Paid Leave, Family Medical Leave; Joint Employer; H.R.447 - National Apprenticeship Act of 2021; H.R.2037/S.864 - To extend Federal Pell Grant eligibility of certain short-term programs; S.589 - Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2021; H.R.842/S.420 - Protecting the Right to Organize Act of 2021; H.R.602/S.200 - Relaunching Americas Workforce Act; American Jobs Plan; S.1298 - Clean Energy for America Act; H.R.3684 - INVEST in America Act; H.R.3473/S.1827 - Build Local, Hire Local Act
Client expense: $227,893 · Firm income: Not reported
Government targets: Army, Dept of (Corps of Engineers), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Education, Dept of, Environmental Protection Agency (EPA), Federal Highway Administration (FHA), Federal Motor Carrier Safety Administration, Federal Transit Administration (FTA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, White House Office
2021 · first_quarter · Labor Issues/Antitrust/Workplace
Definition of independent contractor; Multi-employer Pension Reform; H.R.1319 - American Rescue Plan Act of 2021; H.R.1284/S.403 - FOCA Act; Paid Leave, Family Medical Leave; Joint Employer; H.R.447 - National Apprenticeship Act of 2021; H.R.2037/S.864 - To extend Federal Pell Grant eligibility of certain short-term programs; S.589 - Chris Allen Multiemployer Pension Recapitalization and Reform Act of 2021; H.R.842/S.420 - Protecting the Right to Organize Act of 2021; H.R.602/S.200 - Relaunching Americas Workforce Act; American Jobs Plan
Client expense: $445,055 · Firm income: Not reported
Government targets: Army, Dept of (Corps of Engineers), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Education, Dept of, Environmental Protection Agency (EPA), Federal Highway Administration (FHA), Federal Motor Carrier Safety Administration, Federal Transit Administration (FTA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office
2021 · first_quarter · Labor Issues/Antitrust/Workplace
Composite pension plans and alternative plan designs; Multiemployer Pension Recapitalization and Reform Act of 2021 (S.589); Emergency Pension Plan Relief Act of 2021 (H.R.409, H.R.423, S.547); American Rescue Plan Act of 2021 (H.R.1319)
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE