Susan Muffley Act of 2022

Bill: 117-hr-6929
Sponsor: Rep. Kildee, Daniel T. [D-MI-5]
Introduced: 2022-03-03 in the House
Policy area: Labor and Employment
Subjects: Congressional oversight
Employee benefits and pensions
Government trust funds

Summary:
action_date: 2022-03-03
text: 

Susan Muffley Act of 2022

 
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.
 
The bill establishes and provides appropriations to a fund for the payment of these benefits and specifies how the lump-sum payments are treated for tax purposes.

action_date: 2022-07-27
text: 

Susan Muffley Act of 2022

 
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.
 
The bill establishes and provides appropriations to a fund for the payment of these benefits and specifies how the lump-sum payments are treated for tax purposes.
 
Finally, the bill requires the PBGC to report on recommendations to ensure the long-term solvency of its insurance programs.


Legislative actions:
action_date: 2022-07-28
text: Received in the Senate.
action_date: 2022-07-27
text: On passage Passed by the Yeas and Nays: 254 - 175 (Roll no. 396).
action_date: 2022-07-27
text: Passed/agreed to in House: On passage Passed by the Yeas and Nays: 254 - 175 (Roll no. 396).
action_date: 2022-07-27
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2022-07-27
text: DEBATE - Pursuant to the Provisions of H.Res. 1254, the House proceeded with 10 minutes of debate on the Scott (VA) Part E amendment.
action_date: 2022-07-27
text: DEBATE - The House proceeded with one hour of debate on H.R. 6929.
action_date: 2022-07-27
text: Rule provides for consideration of H.R. 3771, H.R. 5118 and H.R. 6929. Rule provides for consideration under structured rules for H.R. 3771, H.R. 5118 and H.R. 6929, and provides for one hour of general debate on each bill.
action_date: 2022-07-27
text: Considered under the provisions of rule H. Res. 1254. (consideration: CR H7211-7220; text: CR H7211-7212)
action_date: 2022-07-26
text: Rule H. Res. 1254 passed House.
action_date: 2022-07-26
text: Rules Committee Resolution H. Res. 1254 Reported to House. Rule provides for consideration of H.R. 3771, H.R. 5118 and H.R. 6929. Rule provides for consideration under structured rules for H.R. 3771, H.R. 5118 and H.R. 6929, and provides for one hour of general debate on each bill.
action_date: 2022-03-03
text: Referred to the Committee on Education and Labor, 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.
action_date: 2022-03-03
text: Referred to the Committee on Education and Labor, 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.
action_date: 2022-03-03
text: Introduced in House
action_date: 2022-03-03
text: Introduced in House