To amend title I of the Employee Retirement Income Security Act of 1974 to provide for more effective enforcement by the Department of Labor of the requirements of such title relating to participation, vesting, benefit accrual, and funding.
Directs the Secretary, with the Secretary of the Treasury, to develop improved guidance for defined benefit plan administrators, with respect to requirements for such plans which express accrued benefits in the form of an account balance, including further assistance relating to all factors involved in determining lump sum distributions of accrued benefits.
Introduced in House
Introduced in House
Referred to the House Committee on Education and the Workforce.
Referred to the Subcommittee on Employer-Employee Relations.
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