legislation: 114-hr-4955

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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
114-hr-4955 114 hr 4955 Pension and Budget Integrity Act of 2016 Labor and Employment 2016-04-15 2016-09-19 Referred to the Subcommittee on Health, Employment, Labor, and Pensions. House Rep. Renacci, James B. [R-OH-16] OH R R000586 21 Pension and Budget Integrity Act of 2016 This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to exclude the receipts and disbursements of the Pension Benefit Guaranty Corporation (PBGC) from the federal budget. (The PBGC is a federal agency that insures the benefits of private sector, defined benefit pension plans. The PBGC receives no federal funds and is financed by insurance premiums paid by sponsors of the plans, investment income, assets from pension plans taken over by the PBGC, and recoveries from the companies formerly responsible for the plans.) 2023-01-11T13:31:37Z  

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