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H.R. 7140 (96th): An act to amend Title IV of the Employee Retirement Income Security Act of 1974 to postpone for two months the date on which the Pension Benefit Guaranty Corporation must pay benefits under terminated multiemployer plans.

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


4/29/1980--Passed Senate amended. (Measure passed Senate, amended) Amends the Employee Retirement Income Security Act of 1974 to extend to July 1, 1980, the period during which the Pension Benefit Guaranty Corporation may pay benefits under terminated multiemployer plans under circumstances provided for in such Act.