A bill to amend the reporting and disclosure requirements of title I of the Employee Retirement Income Security Act of 1974 to require from each employee pension benefit plan an annual report to the Secretary of Labor describing investments by the plan in South Africa.
Pension Plan South African Investments Reporting Act of 1985 - Amends the Employee Retirement Income Security Act of 1974 to require each employee pension benefit plan to report annually to the Secretary of Labor describing the plan's investments in the Republic of South Africa and its administrative satellite countries, including the Transkei, Bophuthatswana, Ciske, and Venda.
Prohibits, with respect to such reporting requirement: (1) any exemption for small plans; and (2) any alternative method of compliance.
Sets forth provisions for civil enforcement of such reporting requirement.
Introduced in House
Introduced in House
Referred to House Committee on Education and Labor.
Referred to Subcommittee on Labor-Management Relations.
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