legislation: 110-hr-7195

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
110-hr-7195 110 hr 7195 To entitle affected participants under a pension plan referred to in the USEC Privatization Act to payment for benefit increases not received. Labor and Employment 2008-09-27 2008-09-27 Referred to the Subcommittee on Health. House Rep. Whitfield, Ed [R-KY-1] KY R W000413 0 Entitles to a one-time lump sum payment any persons (affected participants) who: (1) retired from active employment at one of the gaseous diffusion plants of the U.S. Enrichment Corporation (USEC) on or before USEC's privatization date as vested participants in a pension plan maintained either by USEC's operating contractor or by a contractor employed before July 1, 1993, by the Department of Energy to operate a gaseous diffusion plant; or (2) are employed by USEC's operating contractor on or before the privatization date, and are vested participants in such a pension plan. Prescribes a formula for determination of the payment. Allows any affected participant to treat such payment as a rollover contribution to a regular individual retirement account (IRA) or a Roth IRA. Prescribes hearing and judicial review rights for any affected participant who may have been prejudiced by any decision with regard to such a payment. 2021-06-07T20:07:10Z  

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