A bill to exempt certain fixed contribution multi-employer pension plans from Title IV of the Employee Retirement Income Security Act of 1974.
Multiemployer Pension Plan Stabilization Act of 1981 - Amends the Employee Retirement Income Security Act of 1974 to exempt certain "fixed contribution multiemployer pension plans" from the plan termination insurance provisions of such Act.
Defines such a plan as one: (1) to which two or more unaffiliated employers are required to contribute; (2) maintained under one or more collective bargaining agreements; and (3) with a fixed rate of contributions and no pension benefits as of April 29, 1980, or later.
Referred to Subcommittee on Labor-Management Relations.
Introduced in Senate
Read second time and referred to Senate Committee on Labor and Human Resources.
Committee on Labor and Human Resources requested executive comment from Labor Department; OMB.
Referred to Subcommittee on Labor.
Subcommittee on Labor. Hearings held.
Subcommittee on Labor. Hearings held.
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