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United States · Bill · HR

H.R. 1942 (100th)

Pension Plan Assets Protection Act of 1987

referredUnited States· United States Congress· EN

Introduced

6 April 1987

Last action

20 April 1987 · Referred

Status

Referred to Subcommittee on Labor-Management Relations.

Sponsors

Rep. Roybal, Edward R. [D-CA-25], Rep. Murphy, Austin J. [D-PA-22], Del. Fauntroy, Walter E. [D-DC-At Large], Rep. Kastenmeier, Robert W. [D-WI-2], Rep. Bevill, Tom [D-AL-4], Rep. Ackerman, Gary L. [D-NY-7], Rep. Mrazek, Robert J. [D-NY-3], Rep. Walgren, Doug [D-PA-18], Rep. Howard, James J. [D-NJ-3], Rep. Boxer, Barbara [D-CA-6], Rep. Wilson, Charles [D-TX-2], Rep. Rangel, Charles B. [D-NY-19], Rep. Kaptur, Marcy [D-OH-9], JOHN LEWIS, Rep. Edwards, Don [D-CA-10], Rep. Gilman, Benjamin A. [R-NY-26], Rep. Eckart, Dennis E. [D-OH-11], Rep. Hayes, Charles A. [D-IL-1], Rep. Ford, Harold E. [D-TN-8]

Subjects

Discovery layer

Source updated

23 March 2026

Official sourceView documentsShare

Summary

Pension Plan Assets Protection Act of 1987 - Amends the Employee Retirement Income Security Act of 1974 to disallow reversions of residual assets to employers upon single-employer plan termination. Provides that, if any assets of the plan remain after all liabilities to participants and their beneficiaries have been satisfied, such assets shall be equitably distributed to such participants and beneficiaries in the same proportions as assets of the plan are allocated to the benefits of such participants and beneficiaries in satisfying such liabilities. Provides for the applicability of rules with regard to fiduciary duties in relation to plan terminations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 6 April 1987

    Introduced

    Referred to House Committee on Education and Labor.

    Source: IntroReferral

  2. 6 April 1987

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 6 April 1987

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 20 April 1987

    Referred

    Referred to Subcommittee on Labor-Management Relations.

    Source: Committee

Votes

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Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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