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H.R. 6929

Susan Muffley Act of 2022

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.

Received in the Senate.

Rep. Kildee, Daniel T. [D-MI-5](D-MI)Sponsor
41 cosponsors24 D17 R
41cosponsors2committees14actions2amendments2related bills3subjects
  1. IntroReferral

    Received in the Senate.

  2. FloorH37100

    On passage Passed by the Yeas and Nays: 254 - 175 (Roll no. 396).

  3. Floor8000

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 254 - 175 (Roll no. 396).

  4. FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  5. FloorH8D000

    DEBATE - Pursuant to the Provisions of H.Res. 1254, the House proceeded with 10 minutes of debate on the Scott (VA) Part E amendment.

  6. FloorH8D000

    DEBATE - The House proceeded with one hour of debate on H.R. 6929.

  7. FloorH8D000

    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.

  8. FloorH30000

    Considered under the provisions of rule H. Res. 1254. (consideration: CR H7211-7220; text: CR H7211-7212)

  9. FloorH1L220

    Rule H. Res. 1254 passed House.

  10. FloorH1L210

    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.

  11. IntroReferralH11100

    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.

    Ways and Means Committee
  12. IntroReferralH11100

    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.

    Education and the Workforce Committee
  13. IntroReferralIntro-H

    Introduced in House

  14. IntroReferral1000

    Introduced in House

Jul 27, 202253

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.

Mar 3, 2022

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.

Susan Muffley Act of 2022 — Informed