To amend the Employee Retirement Income Security Act of 1974 to increase the maximum levels of guaranteed single-employer plan benefits, and for other purposes.

Fact Sheet API

Bill Number

HR 3623

Introduced

Nov 21, 2003

Latest Action

Referred to the Subcommittee on Employer-Employee Relations.

Sponsor

Cosponsors

Topics

Annuities Defined benefit pension plans Economics and Public Finance Indexing (Economic policy) Labor and Employment Pension trust guaranty insurance Tax-deferred compensation plans Taxation

Full Text

View Full Bill Text

Votes

Summary

Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise requirements for single-employer plans to: (1) increase the maximum level of guaranteed benefits; (2) require that certain supplemental benefits not be treated as non-basic benefits; and (3) index maximum guaranteed benefits under plans or amendments not in effect for 60 months.

Actions

Jan 30, 2004

Referred to the Subcommittee on Employer-Employee Relations.
Nov 21, 2003

Referred to the House Committee on Education and the Workforce.
Nov 21, 2003

Introduced in House

Amendments

Related Bills