Employee Benefits Protection Act of 2014
Latest action · Nov 17, 2014 Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 17, 2014
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Employee Benefits Protection Act of 2014 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to require the mandatory summary description of a group health plan to declare: (1) whether the plan permits either the plan sponsor or any participating employer to unilaterally modify or terminate plan benefits affecting employees, retirees, and beneficiaries; and (2) when and to what extent plan benefits are fully vested with respect to these individuals.
Presumes that retiree health benefits cannot be modified or terminated as of the date an employee retires or completes 20 years of service with the employer. Allows this presumption to be overcome only upon a showing, by clear and convincing evidence, that the employee, before becoming a plan participant, was made aware, in clear and unambiguous terms, that the plan allowed for such a modification or termination of benefits.
Amends the National Labor Relations Act to make it an unfair labor practice for a labor organization and employer to enter into a contract or agreement to modify a previous agreement in a manner that results in a reduction or termination of retiree health insurance benefits, if the modification occurs after the retiree's retirement date.
Directs the Comptroller General (GAO) to report to Congress on strategies used by corporations to avoid obligations to pay promised employee and retiree benefits.
Cosponsors 1
Members who signed on, in the order they did. All signed on Sep 17, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NC | Walter B. Jones | Original | Sep 17, 2014 |
Actions 3
Everything that happened, newest first.
- Nov 17, 2014Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
- Sep 17, 2014Introduced in House
- Sep 17, 2014Referred to the House Committee on Education and the Workforce.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2418 | Bankruptcy Fairness and Employee Benefits Protection Act of 2014 | Related bill | Jun 3, 2014 |
Subjects
Assigned by the Library of Congress. Policy area: Labor and Employment.
- Civil actions and liability
- Congressional oversight
- Corporate finance and management
- Employee benefits and pensions
- Evidence and witnesses
- Government studies and investigations
- Health care costs and insurance
- Health care coverage and access
- Judicial procedure and administration
- Labor and Employment
- Labor-management relations
Text 1
Each version as it was printed, newest first.
- Sep 17, 2014Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.