Proposed
Bill · 119th Congress · HR 1357
Susan Muffley Act of 2025
Refreshed 2 h ago
Introduced 2025-02-13Topic: laborSummary
Summary by the Congressional Research ServiceSusan Muffley Act of 2025 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.
Sponsors
- Michael R. Turner Republican sponsor
- 41 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-02-13 | House | Referred to the Committee on Education and Workforce, 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. | refer |
| 2025-02-13 | House | Referred to the Committee on Education and Workforce, 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. | refer |
| 2025-02-13 | Introduced in House | introduce | |
| 2025-02-13 | Introduced in House | introduce |