US HR6929

Bill

Susan Muffley Act of 2022

Introduced
03/03/2022

In Committee
03/03/2022

Crossed Over
07/28/2022

Passed

Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

AN ACT To increase the benefits guaranteed in connection with certain pension plans, and for other purposes.

AI Summary

This bill, known as the Susan Muffley Act of 2022, aims to increase the benefits guaranteed for certain pension plans that were previously terminated. Specifically, the bill requires the Pension Benefit Guaranty Corporation (PBGC) to recalculate the guaranteed benefits for eligible participants and beneficiaries in specified pension plans, such as the Delphi Hourly-Rate Employees Pension Plan, to be equal to the full vested plan benefit rather than the normal benefit guarantee. The bill also establishes a trust fund to cover the costs of these increased benefits and requires the PBGC to make lump-sum payments to eligible participants and beneficiaries to account for any past underpayments. Additionally, the bill accelerates the due date for certain pension variable rate premium payments to the PBGC, and requires the PBGC to report to Congress on ways to ensure the long-term solvency of its insurance programs.

Committee Categories

Education

Sponsors (42)

Dan Kildee (D)*, Jim Baird (R), Joyce Beatty (D), Jack Bergman (R), Mo Brooks (R), Shontel Brown (D), Mike Carey (R), Steve Chabot (R), Warren Davidson (R), Antonio Delgado (D), Debbie Dingell (D), Veronica Escobar (D), Brian Fitzpatrick (R), Lois Frankel (D), Brian Higgins (D), Bill Huizenga (R), Christopher Jacobs (R), Bill Johnson (R), Dave Joyce (R), Marcy Kaptur (D), John Katko (R), John Larson (D), Brenda Lawrence (D), Andy Levin (D), Lisa McClain (R), Kweisi Mfume (D), Gwen Moore (D), Joe Morelle (D), Frank Mrvan (D), Joe Neguse (D), Ralph Norman (R), Mark Pocan (D), Tim Ryan (D), Jan Schakowsky (D), Elissa Slotkin (D), Victoria Spartz (R), Bryan Steil (R), Haley Stevens (D), Tom Suozzi (D), Mike Thompson (D), Rashida Tlaib (D), Mike Turner (R),

Last Action

Received in the Senate. (on 07/28/2022)

Official Document

https://www.congress.gov/bill/117th-congress/house-bill/6929/all-info

(2 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/117th-congress/house-bill/6929/all-info
BillText	https://www.congress.gov/117/bills/hr6929/BILLS-117hr6929eh.pdf
Bill	https://www.congress.gov/117/bills/hr6929/BILLS-117hr6929eh.pdf.pdf
BillText	https://www.congress.gov/117/bills/hr6929/BILLS-117hr6929ih.pdf
Bill	https://www.congress.gov/117/bills/hr6929/BILLS-117hr6929ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HRes1254	Providing for consideration of the bill (H.R. 3771) to amend the Public Health Service Act to provide for research and improvement of cardiovascular health among the South Asian population of the United States, and for other purposes; providing for consideration of the bill (H.R. 5118) to direct the Secretary of Agriculture to prioritize the completion of the Continental Divide National Scenic Trail, and for other purposes; providing for consideration of the bill (H.R. 6929) to increase the bene	Motion to reconsider laid on the table Agreed to without objection.	Related
S3766	Susan Muffley Act of 2022	Read twice and referred to the Committee on Finance.	Related

Bill > HR6929

US HR6929

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (42)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary