Single-Employer Pension Plan Termination Insurance Premium Act of 1985

Summary

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 permium rate payable to the Pension Benefit Guaranty Corporation (the Corporation) by single-employer pension plans for plan years beginning after December 31, 1985. Authorizes the Corporation to establish annual premiums in accordance with revised rate bases. 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.)

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Documents

2 official files

• Reported to House amended, Part I

  summary · EN · 12 September 1985

  Open at official source

• Introduced in House

  summary · EN · 20 June 1985

  Open at official source

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