119th Congress Labor and Employment
H.R. 1895: Delphi Retirees Pension Restoration Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill restores the full vested monthly benefits for eligible participants of certain pension plans that were sponsored by Delphi Corporation and terminated as a result of General Motors' bankruptcy in 2009.
The Pension Benefit Guaranty Corporation (PBGC) must recalculate and adjust each plan participant's monthly benefits payment. The PBGC must also apply the recalculation to previously-made monthly payments and make a lump-sum payment for any additional benefits based on the recalculation.
Monthly benefits under the bill must be paid using specified PBGC funds, and the bill specifies how the lump-sum payments are treated for tax purposes.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- André Carson D-INOriginal
- Abraham Hamadeh R-AZOriginal
- Marcy Kaptur D-OHOriginal
- Doug LaMalfa R-CAOriginal
- Nicholas Langworthy R-NYOriginal
- Michael Rulli R-OHOriginal
- Marlin Stutzman R-INOriginal
- Austin Scott R-GAOriginal
- Michael Turner R-OHOriginal
- Claudia Tenney R-NYOriginal
- Rashida Tlaib D-MIOriginal
- Shri Thanedar D-MIOriginal
- Joe Wilson R-SCOriginal
- Warren Davidson R-OH
- Haley Stevens D-MI
- David Taylor R-OH
- Kristen McDonald Rivet D-MI
- Mike Kelly R-PA
- Tom Barrett R-MI
- Greg Landsman D-OH
Who scored on this bill
- 1Victoria Spartz SponsorDrew cross-party cosponsors, introduced2 events+6
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Other bills by Victoria Spartz
History
- Introduced in the House by Victoria Spartz.
Show the full action history (2 actions)
- Introduced in House
- Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.