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United States · Bill · S

S. 2511 (113th)

A bill to amend the Employee Retirement Income Security Act of 1974 to clarify the definition of substantial cessation of operations.

openUnited States· United States Congress· EN

Introduced

19 June 2014

Last action

Status

Held at the desk.

Sponsors

Subjects

Discovery layer

Source updated

21 April 2025

Summary

Amends the Employee Retirement Income Security Act of 1974 (ERISA) with respect to the treatment as a substantial employer subject to specified liability of any employer that ceases operations at a facility in any location with the result that more than 20% percent of the total number of the employees participating under the employer's single-employer pension plan are separated from employment. Details the meaning of a substantial cessation of operations.

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Documents

8 official files

Engrossed in Senate (text)

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Sources

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