Single-Employer Pension Plan Termination Insurance Premium Act of 1985 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to increase from $2.60 to $8.50 per capita the annual premium rate payable to the Pension Benefit Guaranty Corporation (the Corporation) by single-employer pension plans for plan years beginning after December 31, 1985. Makes a conforming amendment with respect to plan years after 1977.
Makes technical amendments which incorporate certain former provisions instead of using cross-references.
Requires that congressional approval of the Corporation's recommended revised premium schedules be by the enactment of a joint resolution. (Current law requires a concurrent resolution for such purpose.)
Introduced in House
Introduced in House
Referred to House Committee on Education and Labor.
Referred to House Committee on Ways and Means.
Referred to Subcommittee on Labor-Management Relations.
Subcommittee Hearings Held.
Executive Comment Requested from Labor, Pension Guaranty Corp, IRS.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee (Amended).
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended).
Reported to House (Amended) by House Committee on Education and Labor. Report No: 99-267 (Part I).
Reported to House (Amended) by House Committee on Education and Labor. Report No: 99-267 (Part I).
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