Vested Employee Pension Benefit Protection Act

United States116th CongressHR-4043House of Representatives
Latest legislative activity: Jul 25, 2019

Summary

Official Summary

Vested Employee Pension Benefit Protection Act

This bill amends the Internal Revenue Code to allow employees in the building and construction industry who have attained age 55 and are not separated from employment to make distributions from certain tax-exempt multiemployer pension plans if they were participants in such plan on or before April 30, 2013. Such payments shall be suspended during any period in which the multiemployer pension plan is in endangered or critical status.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

Latest companion bill action

S-2276: Vested Employee Pension Benefit Protection Act

Read twice and referred to the Committee on Finance.

  1. Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    House of Representatives

  2. Introduced in House

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