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H.R. 935

Miners Pension Protection Act

Miners Pension Protection Act

This bill transfers certain funds to provide pension benefits for retired coal miners who have been affected by issues such as coal company bankruptcies.

The Department of the Treasury must transfer additional funds to the 1974 United Mine Workers of America (UMWA) Pension Plan to pay pension benefits required under that plan if the annual limit on transfers under the Surface Mining Control and Reclamation Act of 1977 exceeds the amount required to be transferred for existing obligations of the Abandoned Mine Reclamation Fund. The bill also increases the annual limit on transfers from $490 million to $750 million.

The bill also allows in-service distributions under a pension plan or governmental section 457(b) plan at age 59-1/2 (currently age 62).

Ordered to be Reported (Amended) by Voice Vote.

Rep. McKinley, David B. [R-WV-1](R-WV)Sponsor
111 cosponsors89 D22 R
111cosponsors2committees9actions4related bills4subjects
  1. Committee

    Ordered to be Reported (Amended) by Voice Vote.

    Natural Resources Committee
  2. Committee

    Committee Consideration and Mark-up Session Held.

    Natural Resources Committee
  3. Committee

    Subcommittee on Energy and Mineral Resources Discharged.

    Natural Resources Committee
  4. Committee

    Subcommittee Hearings Held.

    Energy and Mineral Resources Subcommittee
  5. Committee

    Referred to the Subcommittee on Energy and Mineral Resources.

    Energy and Mineral Resources Subcommittee
  6. IntroReferralH11100

    Referred to the Committee on Natural Resources, 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.

    Ways and Means Committee
  7. IntroReferralH11100

    Referred to the Committee on Natural Resources, 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.

    Natural Resources Committee
  8. IntroReferralIntro-H

    Introduced in House

  9. IntroReferral1000

    Introduced in House

Miners Pension Protection Act — Informed