legislation: 98-hr-5475

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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
98-hr-5475 98 hr 5475 A bill to amend title I of the Employee Retirement Income Security Act of 1974 to apply to welfare plans restrictions which currently apply to pension plans preventing cutbacks in benefits upon a merger or consolidation of plans or transfers of assets or liabilities between plans. Labor and Employment 1984-04-12 1984-04-27 Referred to Subcommittee on Labor-Management Relations. House Rep. Brooks, Jack B. [D-TX-9] TX D B000880 3 Amends the Employee Retirement Income Security Act of 1974 to prohibit all employee benefit plans (not just pension plans, as at present) from merging or transferring their assets or liabilities unless each plan participant receives benefits after such transfer which are either equal to or greater than the benefits received before such transfer. Applies this Act to mergers and transfers occurring after April 12, 1984. 2026-03-13T20:55:53Z  

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