CAROL DRAKE

Filed Requests for Report Language in the Committee on Appropriations, Subcommittee on Labor, HHS, Education and Related Agencies, to change the cap on HRA Excepted Benefit programs from the current $1,800 per family to $1,800 per enrolled participant. Requested that HHS, Treasury and Labor study and report whether a change in the cap from $1,800 per enrolled family to $1,800 per enrolled participant, indexed for inflation, would provide an enrolled participant, including a retiree, with the ability to choose the types of treatment or coverage that is best suited to his or her needs. The report would be due 90 days from the date of the bill's enactment. Followed H.R. 1319, the "American Rescue Plan Act of 2021, which included relief for multiemployer and single employer pension plans. The bill also included language that the $350 billion in funding for state and local governments could not be used for pensions.

SERS and other organizations have sought the repeal of the Rebate Rule, promulgated by the previous administration. SERS has requested that HHS/Medicare work with the Biden administration on the Medicare Part D restructuring proposals to address the issues for Employer Group Waiver Plans (EGWPs). We have discussed the potential for legislative and/or regulatory actions for consideration for the under-65 retiree population and to address the high cost of prescription drug costs. Senator Sherrod Brown (D-OH), along with Senators Tammy Baldwin (D-WI) and Debbie Stabenow (D-MI) introduced the Medicare at 50 Act, S. 1279, on April 21, which we are following. H.R. 1868, which extended a suspension of Medicare sequestration and make other technical changes to Medicare payments and Medicaid eligibility, was signed by President Biden. The bill also took care of the pay-go provisions which would have applied to the American Rescue Plan. H.R. 19, the Lower Costs, More Cures Act was reintroduced on April 21. Reps. Brad Wenstrup (R-OH) and Bob Latta (R-OH) are the two Ohio co-sponsors. SERS is following this bill in the House and the Senate companion bill, which was introduced.

SERS and other organizations have sought the repeal of the Rebate Rule, promulgated by the previous administration. SERS has requested that HHS/Medicare work with the Biden administration on the Medicare Part D restructuring proposals to address the issues for Employer Group Waiver Plans (EGWPs). We have discussed the potential for legislative and/or regulatory actions for consideration for the under-65 retiree population and to address the high cost of prescription drug costs. Senator Sherrod Brown (D-OH), along with Senators Tammy Baldwin (D-WI) and Debbie Stabenow (D-MI) introduced the Medicare at 50 Act, S. 1279, on April 21, which we are following. H.R. 1868, which extended a suspension of Medicare sequestration and make other technical changes to Medicare payments and Medicaid eligibility, was signed by President Biden. The bill also took care of the pay-go provisions which would have applied to the American Rescue Plan. H.R. 19, the Lower Costs, More Cures Act was reintroduced on April 21. Reps. Brad Wenstrup (R-OH) and Bob Latta (R-OH) are the two Ohio co-sponsors. SERS is following this bill in the House and the Senate companion bill, which was introduced.

SERS and other organizations have sought the repeal of the Rebate Rule, promulgated by the previous administration. SERS has requested that HHS/Medicare work with the Biden administration on the Medicare Part D restructuring proposals to address the issues for Employer Group Waiver Plans (EGWPs). We have discussed the potential for legislative and/or regulatory actions for consideration for the under-65 retiree population and to address the high cost of prescription drug costs. Senator Sherrod Brown (D-OH), along with Senators Tammy Baldwin (D-WI) and Debbie Stabenow (D-MI) introduced the Medicare at 50 Act, S. 1279, on April 21, which we are following. H.R. 1868, which extended a suspension of Medicare sequestration and make other technical changes to Medicare payments and Medicaid eligibility, was signed by President Biden. The bill also took care of the pay-go provisions which would have applied to the American Rescue Plan. H.R. 19, the Lower Costs, More Cures Act was reintroduced on April 21. Reps. Brad Wenstrup (R-OH) and Bob Latta (R-OH) are the two Ohio co-sponsors. SERS is following this bill in the House and the Senate companion bill, which was introduced.

SERS and other organizations have sought the repeal of the Rebate Rule, promulgated by the previous administration. SERS has requested that HHS/Medicare work with the Biden administration on the Medicare Part D restructuring proposals to address the issues for Employer Group Waiver Plans (EGWPs). We have discussed the potential for legislative and/or regulatory actions for consideration for the under-65 retiree population and to address the high cost of prescription drug costs. Senator Sherrod Brown (D-OH), along with Senators Tammy Baldwin (D-WI) and Debbie Stabenow (D-MI) introduced the Medicare at 50 Act, S. 1279, on April 21, which we are following. H.R. 1868, which extended a suspension of Medicare sequestration and make other technical changes to Medicare payments and Medicaid eligibility, was signed by President Biden. The bill also took care of the pay-go provisions which would have applied to the American Rescue Plan. H.R. 19, the Lower Costs, More Cures Act was reintroduced on April 21. Reps. Brad Wenstrup (R-OH) and Bob Latta (R-OH) are the two Ohio co-sponsors. SERS is following this bill in the House and the Senate companion bill, which was introduced.

SERS and other organizations have sought the repeal of the Rebate Rule, promulgated by the previous administration. SERS has requested that HHS/Medicare work with the Biden administration on the Medicare Part D restructuring proposals to address the issues for Employer Group Waiver Plans (EGWPs). We have discussed the potential for legislative and/or regulatory actions for consideration for the under-65 retiree population and to address the high cost of prescription drug costs. Senator Sherrod Brown (D-OH), along with Senators Tammy Baldwin (D-WI) and Debbie Stabenow (D-MI) introduced the Medicare at 50 Act, S. 1279, on April 21, which we are following. H.R. 1868, which extended a suspension of Medicare sequestration and make other technical changes to Medicare payments and Medicaid eligibility, was signed by President Biden. The bill also took care of the pay-go provisions which would have applied to the American Rescue Plan. H.R. 19, the Lower Costs, More Cures Act was reintroduced on April 21. Reps. Brad Wenstrup (R-OH) and Bob Latta (R-OH) are the two Ohio co-sponsors. SERS is following this bill in the House and the Senate companion bill, which was introduced.

SERS and other organizations have sought the repeal of the Rebate Rule, promulgated by the previous administration. SERS has requested that HHS/Medicare work with the Biden administration on the Medicare Part D restructuring proposals to address the issues for Employer Group Waiver Plans (EGWPs). We have discussed the potential for legislative and/or regulatory actions for consideration for the under-65 retiree population and to address the high cost of prescription drug costs. Senator Sherrod Brown (D-OH), along with Senators Tammy Baldwin (D-WI) and Debbie Stabenow (D-MI) introduced the Medicare at 50 Act, S. 1279, on April 21, which we are following. H.R. 1868, which extended a suspension of Medicare sequestration and make other technical changes to Medicare payments and Medicaid eligibility, was signed by President Biden. The bill also took care of the pay-go provisions which would have applied to the American Rescue Plan. H.R. 19, the Lower Costs, More Cures Act was reintroduced on April 21. Reps. Brad Wenstrup (R-OH) and Bob Latta (R-OH) are the two Ohio co-sponsors. SERS is following this bill in the House and the Senate companion bill, which was introduced.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the impact to Employer Group Waiver Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, from last session, and H.R. 3, the Elijah E. Cummings Lower Drug Costs Now Act of 2021, which does not include a fix for Employer Group Waiver Plans (EGWPs). Continued education on the impact of changes to Medicare Part D restructuring for EGWP plans with House and Senate members, the pending Rebate Rule which has been stayed by the Biden Administration and its consequences to plan sponsors.

Continued advocacy on the impact to Employer Group Waiver Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, from last session, and H.R. 3, the Elijah E. Cummings Lower Drug Costs Now Act of 2021, which does not include a fix for Employer Group Waiver Plans (EGWPs). Continued education on the impact of changes to Medicare Part D restructuring for EGWP plans with House and Senate members, the pending Rebate Rule which has been stayed by the Biden Administration and its consequences to plan sponsors.

Continued advocacy on the impact to Employer Group Waiver Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, from last session, and H.R. 3, the Elijah E. Cummings Lower Drug Costs Now Act of 2021, which does not include a fix for Employer Group Waiver Plans (EGWPs). Continued education on the impact of changes to Medicare Part D restructuring for EGWP plans with House and Senate members, the pending Rebate Rule which has been stayed by the Biden Administration and its consequences to plan sponsors.

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. Monitored the House Committee on Ways and Means to see when Chairman Richard Neal would be introducing the WEP bill from last session. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

SERS and other organizations have sought the repeal of the Rebate Rule, promulgated by the previous administration. SERS has requested that HHS/Medicare work with the Biden administration on the Medicare Part D restructuring proposals to address the issues for Employer Group Waiver Plans (EGWPs). We have discussed the potential for legislative and/or regulatory actions for consideration for the under-65 retiree population and to address the high cost of prescription drug costs. Senator Sherrod Brown (D-OH), along with Senators Tammy Baldwin (D-WI) and Debbie Stabenow (D-MI) introduced the Medicare at 50 Act, S. 1279, on April 21, which we are following. H.R. 1868, which extended a suspension of Medicare sequestration and make other technical changes to Medicare payments and Medicaid eligibility, was signed by President Biden. The bill also took care of the pay-go provisions which would have applied to the American Rescue Plan. H.R. 19, the Lower Costs, More Cures Act was reintroduced on April 21. Reps. Brad Wenstrup (R-OH) and Bob Latta (R-OH) are the two Ohio co-sponsors. SERS is following this bill in the House and the Senate companion bill, which was introduced.

SERS and other organizations have sought the repeal of the Rebate Rule, promulgated by the previous administration. SERS has requested that HHS/Medicare work with the Biden administration on the Medicare Part D restructuring proposals to address the issues for Employer Group Waiver Plans (EGWPs). We have discussed the potential for legislative and/or regulatory actions for consideration for the under-65 retiree population and to address the high cost of prescription drug costs. Senator Sherrod Brown (D-OH), along with Senators Tammy Baldwin (D-WI) and Debbie Stabenow (D-MI) introduced the Medicare at 50 Act, S. 1279, on April 21, which we are following. H.R. 1868, which extended a suspension of Medicare sequestration and make other technical changes to Medicare payments and Medicaid eligibility, was signed by President Biden. The bill also took care of the pay-go provisions which would have applied to the American Rescue Plan. H.R. 19, the Lower Costs, More Cures Act was reintroduced on April 21. Reps. Brad Wenstrup (R-OH) and Bob Latta (R-OH) are the two Ohio co-sponsors. SERS is following this bill in the House and the Senate companion bill, which was introduced.

SERS and other organizations have sought the repeal of the Rebate Rule, promulgated by the previous administration. SERS has requested that HHS/Medicare work with the Biden administration on the Medicare Part D restructuring proposals to address the issues for Employer Group Waiver Plans (EGWPs). We have discussed the potential for legislative and/or regulatory actions for consideration for the under-65 retiree population and to address the high cost of prescription drug costs. Senator Sherrod Brown (D-OH), along with Senators Tammy Baldwin (D-WI) and Debbie Stabenow (D-MI) introduced the Medicare at 50 Act, S. 1279, on April 21, which we are following. H.R. 1868, which extended a suspension of Medicare sequestration and make other technical changes to Medicare payments and Medicaid eligibility, was signed by President Biden. The bill also took care of the pay-go provisions which would have applied to the American Rescue Plan. H.R. 19, the Lower Costs, More Cures Act was reintroduced on April 21. Reps. Brad Wenstrup (R-OH) and Bob Latta (R-OH) are the two Ohio co-sponsors. SERS is following this bill in the House and the Senate companion bill, which was introduced.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Continued advocacy on the Windfall Elimination Provision (WEP) in the House and Senate. On April 1, Chairman Richard Neal (D-MA) introduced H.R. 2337, a bill to amend title II of the Social Security Act to provide an equitable Social Security formula for individuals with noncovered employment and to provide relief for individuals currently affected by the Windfall Elimination Provision. Monitored H.R. 82, the Social Security Fairness Act of 2021, which repeals provisions that reduce Social Security benefits for individuals who receive other benefits, such as a pension from a state or local government, eliminates the government pension offset and the windfall elimination provision. These changes would be effective for benefits payable after December 2021. On April 22, Senator Sherrod Brown (D-OH) reintroduced his bill to amend title II of the Social Security Act to repeal the government pension offset (GPO) and windfall elimination provisions (WEP). The bill is S. 1302. On May 20, Senators Rob Portman (R-OH) and Ben Cardin (D-MD) introduced their bipartisan legislation, S. 1770, a bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes. SERS is following this bill. On May 20, Senators Patty Murray (D-WA) and Tina Smith (D-MN) introduced S. 1762, a bill to amend the Employee Retirement Income Security Act of 1974 to permit retirement plans to consider certain factors in investment decisions. SERS is following the bill. Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX), serving on the House Committee on Ways and Means, introduced H.R. 2954, the Securing a Strong Retirement Act of 2021, or SECURE Act 2.0. SERS is following the bill.

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

Followed two bills: Rep. Patrick McHenry (R-NC) introduced H.Res.249, a Resolution which is Expressing the sense of the House of Representatives that the Congress should not impose a financial transaction tax on individuals or market intermediaries in connection with trades executed on the National Market System or alternative trading systems. The Resolution was introduced on March 17 and was referred to the Committee on Ways and Means. H.R. 328, the Wall Street Tax Act, would create a financial transaction tax on the sale of stocks, bonds, and derivatives at 0.1 percent (10 basis points), which could raise approximately $777 billion over ten (10) years. Followed a joint resolution: Senator Sherrod Brown (D-OH) introduced S.J.Res.16, a joint resolution providing for disapproval under chapter 8 of title 5, United States Code, of the rule finalized by the Securities and Exchange Commission (SEC). The joint resolution, filed under the Congressional Review Act (CRA), would reverse the SECs final rule in September 2020 relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8."

Continued advocacy on the impact to Employer Group Waiver Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, from last session, and H.R. 3, passed in the House, the Lower Drug Costs Now Act of 2019. Education on the impact of changes to Medicare Part D for EGWP plans with House and Senate members related to the Rebate Rule and its consequences to plan sponsors.

Continued advocacy on the impact to Employer Group Waiver Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, from last session, and H.R. 3, passed in the House, the Lower Drug Costs Now Act of 2019. Education on the impact of changes to Medicare Part D for EGWP plans with House and Senate members related to the Rebate Rule and its consequences to plan sponsors.

Continued advocacy on the impact to Employer Group Waiver Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, from last session, and H.R. 3, the Elijah E. Cummings Lower Drug Costs Now Act of 2021, which does not include a fix for Employer Group Waiver Plans (EGWPs). Continued education on the impact of changes to Medicare Part D restructuring for EGWP plans with House and Senate members, the pending Rebate Rule which has been stayed by the Biden Administration and its consequences to plan sponsors.

Continued advocacy on the impact to Employer Group Waiver Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, from last session, and H.R. 3, the Elijah E. Cummings Lower Drug Costs Now Act of 2021, which does not include a fix for Employer Group Waiver Plans (EGWPs). Continued education on the impact of changes to Medicare Part D restructuring for EGWP plans with House and Senate members, the pending Rebate Rule which has been stayed by the Biden Administration and its consequences to plan sponsors.

Continued advocacy on the impact to Employer Group Waiver Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, from last session, and H.R. 3, the Elijah E. Cummings Lower Drug Costs Now Act of 2021, which does not include a fix for Employer Group Waiver Plans (EGWPs). Continued education on the impact of changes to Medicare Part D restructuring for EGWP plans with House and Senate members, the pending Rebate Rule which has been stayed by the Biden Administration and its consequences to plan sponsors.

Continued advocacy for inclusion of reauthorization language for Limited Wraparound Coverage for plan sponsors by Congress in the Appropriations bill for Labor, HHS, Education and Related Agencies, or through regulations promulgated by HHS/CMS, DOL and Treasury/IRS, for individual health insurance coverage. Wraparound coverage is a specialized offering targeted to help part-time workers and retirees whose employers or former employers meet standards of responsibility and have agreed to provide this supplemental coverage as an option. Appropriation requests were submitted to House Committee on Appropriations members from Ohio to reauthorize Limited Wraparound Plans and the Senate offices. The final House appropriations report called on CMS to issue a report on Limited Wraparound Plans within 90 days. Followed bills passed by Congress to aid Americans, state and local governments, small businesses and corporations impacted by the global pandemic. The bills had several provisions of interest for pension plans, state and local government, members and retirees. Language in the stimulus bill for state and local governments (which was not passed in December 2020) included language related to public pension liabilities and state/local spending. Reviewed H.R. 133, the Consolidated Appropriations Act, 2021" to review COVID-19 issues for public pension plans, members and retirees. The appropriations within the bill covered a large number of subject areas.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) did not move in the session. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). It did not move either. Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Reviewed the bill related to the Financial Transaction Tax (FTT), H.R. 8695, the Protecting Retirement Savers and Everyday Investors Act. The bill would impose a limitation on taxation and fees on transactions by certain securities industry participants, and for other purposes. Also reviewed H.R. 2923, the Inclusive Prosperity Act of 2019, H.R. 1516, the Wall Street Tax Act of 2019," and S. 647, the companion Senate bill to the Wall Street Tax Act of 2019."

HR 1865, the omnibus spending bill, included language - Division A - LHHS SOM FY20.pdf, page 102, in the conferenced bill (however, the extension was not included): Limited Wraparound Coverage.-The agreement strongly urges CMS to extend the pilot program established by a final regulation published on March 18, 2015, to allow limited wraparound benefits, or supplements, to individual health insurance 102 coverage ( or Basic Health Plan coverage). Wraparound coverage is a specialized offering targeted to help part-time workers and retirees whose employers or former employers meet standards of responsibility and have agreed to provide this supplemental coverage as an option. Appropriation requests were submitted to House Committee on Appropriations to reauthorize Limited Wraparound Plans and Senate office. The agreement directs the Department to submit a report within 90 days of enactment of this Act on the status of the program. President Trump's Federal Budget Proposal was released in February. It included language on multi-employer pension plans, lowering prescription drug prices, infrastructure, and surprise medical bills. The proposal was reviewed.

Continued advocacy for inclusion of a reauthorization of Limited Wraparound Coverage for plan sponsors by HHS/CMS, DOL and Treasury/ IRS, for individual health insurance coverage (or Basic Health Plan coverage). Wraparound coverage is a specialized offering targeted to help part-time workers and retirees whose employers or former employers meet standards of responsibility and have agreed to provide this supplemental coverage as an option. Appropriation requests were submitted to House Committee on Appropriations members from Ohio to reauthorize Limited Wraparound Plans and the Senate offices. Followed bill passed by Congress to aid Americans, states, small businesses and corporations impacted by the global pandemic. The bill, appropriating a total of $2.2 trillion in spending, was the largest of the three stimulus packages thus far. The final bill, H.R. 748, had several provisions of interest for pension plans, members and retirees. We needed to explain that some retirees do not have access to the internet, would not have filed a tax return and need a way to receive their stimulus check. Reviewed H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act, the latest Coronavirus stimulus bill to pass. The bill was passed to replenish funding for the Small Business Administrations Paycheck Protection Program (PPP) that ran out quickly and the Economic Injury Disaster Loan (EIDL) program. Included in the bill are funds for hospitals, health care providers, and funding for testing development to help the states and businesses as they seek to reopen. Reviewed H.R. 6800, the Health and Economic Recovery Omnibus Emergency Solutions Act, or HEROES Act, to address lingering COVID-19 issues. The appropriations within the bill totaled $3 trillion and covered a large number of subject areas.

Reviewed the bill related to the Financial Transaction Tax (FTT), H.R. 8695, the Protecting Retirement Savers and Everyday Investors Act. The bill would impose a limitation on taxation and fees on transactions by certain securities industry participants, and for other purposes. Also reviewed H.R. 2923, the Inclusive Prosperity Act of 2019, H.R. 1516, the Wall Street Tax Act of 2019," and S. 647, the companion Senate bill to the Wall Street Tax Act of 2019."

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with MedPAC, House and Senate members. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019.

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with House and Senate members and the cost of the loss of rebates to plan sponsors. The rebate revenue was used to lower premiums for seniors. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019. Contacted the offices of HHS and CMS, HHS Secretary Alex Azar and Administrator Seema Verma in response to the Presidents Executive Order entitled Lowering Prices for Patients by Eliminating Kickbacks to Middlemen. HHS was required to implement the Executive Order, however, the Secretary of HHS was given the opportunity to evaluate certain provisions prior to implementation. The final rebate rule was released at the end of December by HHS.

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with MedPAC, House and Senate members. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019.

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with MedPAC, House and Senate members. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019. Contacted the Ohio delegation offices to provide a letter addressed to HHS Secretary Alex Azar, copy to Administrator Verma at CMS on August 7. The letter was in response to the Presidents Executive Order entitled Lowering Prices for Patients by Eliminating Kickbacks to Middlemen. HHS was required to implement the Executive Order, however, the Secretary of HHS was given the opportunity to evaluate certain provisions prior to implementation.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) did not move in the session. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). It did not move either. Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) did not move in the session. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). It did not move either. Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) did not move in the session. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). It did not move either. Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with MedPAC, House and Senate members. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019. Contacted the Ohio delegation offices to provide a letter addressed to HHS Secretary Alex Azar, copy to Administrator Verma at CMS on August 7. The letter was in response to the Presidents Executive Order entitled Lowering Prices for Patients by Eliminating Kickbacks to Middlemen. HHS was required to implement the Executive Order, however, the Secretary of HHS was given the opportunity to evaluate certain provisions prior to implementation.

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with House and Senate members and the cost of the loss of rebates to plan sponsors. The rebate revenue was used to lower premiums for seniors. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019. Contacted the offices of HHS and CMS, HHS Secretary Alex Azar and Administrator Seema Verma in response to the Presidents Executive Order entitled Lowering Prices for Patients by Eliminating Kickbacks to Middlemen. HHS was required to implement the Executive Order, however, the Secretary of HHS was given the opportunity to evaluate certain provisions prior to implementation. The final rebate rule was released at the end of December by HHS.

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with MedPAC, House and Senate members. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019.

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with MedPAC, House and Senate members. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019.

Continued advocacy for inclusion of a reauthorization of Limited Wraparound Coverage for plan sponsors by HHS/CMS, DOL and Treasury/ IRS, for individual health insurance coverage (or Basic Health Plan coverage). Wraparound coverage is a specialized offering targeted to help part-time workers and retirees whose employers or former employers meet standards of responsibility and have agreed to provide this supplemental coverage as an option. Appropriation requests were submitted to House Committee on Appropriations members from Ohio to reauthorize Limited Wraparound Plans and the Senate offices. Followed bills passed by Congress to aid Americans, state and local governments, small businesses and corporations impacted by the global pandemic. The bills had several provisions of interest for pension plans, members and retirees. We needed to explain that some retirees do not have access to the internet, would not have filed a tax return and need a way to receive their stimulus checks. Reviewed H.R. 6800, the Health and Economic Recovery Omnibus Emergency Solutions Act, or HEROES Act, to address lingering COVID-19 issues. The appropriations within the bill totaled $3 trillion and covered a large number of subject areas.

Continued advocacy for inclusion of a reauthorization of Limited Wraparound Coverage for plan sponsors by HHS/CMS, DOL and Treasury/ IRS, for individual health insurance coverage (or Basic Health Plan coverage). Wraparound coverage is a specialized offering targeted to help part-time workers and retirees whose employers or former employers meet standards of responsibility and have agreed to provide this supplemental coverage as an option. Appropriation requests were submitted to House Committee on Appropriations members from Ohio to reauthorize Limited Wraparound Plans and the Senate offices. Followed bill passed by Congress to aid Americans, states, small businesses and corporations impacted by the global pandemic. The bill, appropriating a total of $2.2 trillion in spending, was the largest of the three stimulus packages thus far. The final bill, H.R. 748, had several provisions of interest for pension plans, members and retirees. We needed to explain that some retirees do not have access to the internet, would not have filed a tax return and need a way to receive their stimulus check. Reviewed H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act, the latest Coronavirus stimulus bill to pass. The bill was passed to replenish funding for the Small Business Administrations Paycheck Protection Program (PPP) that ran out quickly and the Economic Injury Disaster Loan (EIDL) program. Included in the bill are funds for hospitals, health care providers, and funding for testing development to help the states and businesses as they seek to reopen. Reviewed H.R. 6800, the Health and Economic Recovery Omnibus Emergency Solutions Act, or HEROES Act, to address lingering COVID-19 issues. The appropriations within the bill totaled $3 trillion and covered a large number of subject areas.

Continued advocacy for inclusion of a reauthorization of Limited Wraparound Coverage for plan sponsors by HHS/CMS, DOL and Treasury/ IRS, for individual health insurance coverage (or Basic Health Plan coverage). Wraparound coverage is a specialized offering targeted to help part-time workers and retirees whose employers or former employers meet standards of responsibility and have agreed to provide this supplemental coverage as an option. Appropriation requests were submitted to House Committee on Appropriations members from Ohio to reauthorize Limited Wraparound Plans and the Senate offices. Followed bill passed by Congress to aid Americans, states, small businesses and corporations impacted by the global pandemic. The bill, appropriating a total of $2.2 trillion in spending, was the largest of the three stimulus packages thus far. The final bill, H.R. 748, had several provisions of interest for pension plans, members and retirees. We needed to explain that some retirees do not have access to the internet, would not have filed a tax return and need a way to receive their stimulus check. Reviewed H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act, the latest Coronavirus stimulus bill to pass. The bill was passed to replenish funding for the Small Business Administrations Paycheck Protection Program (PPP) that ran out quickly and the Economic Injury Disaster Loan (EIDL) program. Included in the bill are funds for hospitals, health care providers, and funding for testing development to help the states and businesses as they seek to reopen. Reviewed H.R. 6800, the Health and Economic Recovery Omnibus Emergency Solutions Act, or HEROES Act, to address lingering COVID-19 issues. The appropriations within the bill totaled $3 trillion and covered a large number of subject areas.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) did not move in the session. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). It did not move either. Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Reviewed the bill related to the Financial Transaction Tax (FTT), H.R. 8695, the Protecting Retirement Savers and Everyday Investors Act. The bill would impose a limitation on taxation and fees on transactions by certain securities industry participants, and for other purposes. Also reviewed H.R. 2923, the Inclusive Prosperity Act of 2019, H.R. 1516, the Wall Street Tax Act of 2019," and S. 647, the companion Senate bill to the Wall Street Tax Act of 2019."

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with MedPAC, House and Senate members. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019. Contacted the Ohio delegation offices to provide a letter addressed to HHS Secretary Alex Azar, copy to Administrator Verma at CMS on August 7. The letter was in response to the Presidents Executive Order entitled Lowering Prices for Patients by Eliminating Kickbacks to Middlemen. HHS was required to implement the Executive Order, however, the Secretary of HHS was given the opportunity to evaluate certain provisions prior to implementation.

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with MedPAC, House and Senate members. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019.

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with House and Senate members and the cost of the loss of rebates to plan sponsors. The rebate revenue was used to lower premiums for seniors. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019. Contacted the offices of HHS and CMS, HHS Secretary Alex Azar and Administrator Seema Verma in response to the Presidents Executive Order entitled Lowering Prices for Patients by Eliminating Kickbacks to Middlemen. HHS was required to implement the Executive Order, however, the Secretary of HHS was given the opportunity to evaluate certain provisions prior to implementation. The final rebate rule was released at the end of December by HHS.

Continued effort on addressing the impact on Employer Sponsored Group Plans (EGWPs) with respect to S. 2543, the Prescription Drug Pricing Reduction Act of 2019, and education on H.R. 3, which passed in the House, the Lower Drug Costs Now Act of 2019, in 2019. Education on the impact of changes to Medicare Part D for EGWP Plans with MedPAC, House and Senate members. Continued effort to seek cosponsors for Rep. Marcy Kaptur's (D-OH) bill, H.R. 4763, the Wraparound Health Coverage Protection Act of 2019, a bill to extend the limited wraparound coverage pilot program for an additional number of years (5), until December 31, 2024 and for other purposes. The bill would now need to reauthorize Limited Wraparound Plans due to the expiration of the pilot program in December 2019.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) did not move in the session. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). It did not move either. Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) did not move in the session. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). It did not move either. Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Continued effort to include a repeal or revised formula for the Windfall Elimination Provision for non-covered retirees. Monitored H.R. 860, the Social Security 2100 Act." The bill would provide an across-the-board benefit increase equivalent to about 2 percent of the average Social Security benefit amd make other substantial changes. The bill, introduced by Rep. John Larson (D-CT) is still pending. The identical Senate bill is S. 269, introduced by Senator Richard Blumenthal (D-CT). Monitored S.521, the Social Security Fairness Act, was introduced by Senator Sherrod Brown (D-OH). The bill would amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. H.R. 141, the companion bill, was introduced by Rep. Rodney Davis (R-IL) the Social Security Fairness Act of 2019 and it now has over 200 bipartisan cosponsors, including several members of the Ohio delegation. Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, introduced H.R. 397, the Rehabilitation for Multiemployer Pensions Act. It is important to distinguish private and public multiemployer pension plans. It amends the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund and to establish a Pension Rehabilitation Administration within the Department of the Treasury to make loans to multiemployer defined benefit plans. Chairman Neal introduced H.R. 4540 in 2019 to address the Windfall Elimination Provision (WEP). Rep. Brady introduced his bill, H.R. 3934, at the end of July 2019 to address WEP. Monitored both bills and discussed the need for WEP reform with House and Senate Offices and Committee staff.

Reviewed the bill related to the Financial Transaction Tax (FTT), H.R. 8695, the Protecting Retirement Savers and Everyday Investors Act. The bill would impose a limitation on taxation and fees on transactions by certain securities industry participants, and for other purposes. Also reviewed H.R. 2923, the Inclusive Prosperity Act of 2019, H.R. 1516, the Wall Street Tax Act of 2019," and S. 647, the companion Senate bill to the Wall Street Tax Act of 2019."