emergency pension plan relief act of 2020

Title I: Emergency Assistance for American Workers and Small Businesses . American Coronavirus/COVID-19 Election Safety and Security Act, COVID-19 Pandemic Education Relief Act of 2020, Emergency Coronavirus Pandemic Unemployment Compensation Act of 2020, Emergency Pension Plan Relief Act of 2020, Financial Protections and Assistance for America's Consumers, States, Businesses, and Vulnerable Populations Act, Giving Retirement Options to Workers Act of 2020, Rehabilitation for Multiemployer Pensions Act of 2020, Third Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020. expands paid sick days, family and medical leave, unemployment compensation, and food assistance programs; provides economic assistance payments of up to $1,500 per individual; eliminates cost-sharing (e.g., deductibles, coinsurance, or copayments) for COVID-19 treatments and vaccines; requires health care facilities to implement a comprehensive infectious disease exposure control plan to protect health care workers; provides grants, loans, and other assistance to hospitals, small businesses, state and local governments, elementary and secondary schools, institutions of higher education, and airports; expands or establishes various tax credits; and. The Butch Lewis Act of … The Democrats in the 117th Congress are pressing the Butch Lewis Emergency Pension Plan Relief Act of 2021 in two phases. Sure enough, it is reported that next week the second plan, the HEROES Act, will be introduced to the Senate after passing the House approximately a month earlier. To hold Medicare beneficiaries harmless for specified COVID-19 treatment services furnished under part A or part B of the Medicare program. The major problem with the entire act is that all of these benefit cuts are being rolled back without a reciprocal increase in contributions by those who have pension plans. Home Visiting Resiliency in Pandemics Act. Placed on Senate Legislative Calendar under General Orders. establishes requirements for early voting and absentee voting. 06/12/2019 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. Ensuring Seniors' Access to COVID Treatments Act. Retirement Provisions in the Heroes Act The Emergency Pension Plan Relief Act of 2020 (“EPPRA”) Multiemployer Pension Plan Relief • Stabilizes the pensions of over one million Americans – Without action, the multiemployer crisis—which has been exacerbated by COVID-19—threatens to bankrupt the Pension CDC Tribal Public Health Security and Preparedness Act. Disaster Protection for Workers’ Credit Act. The Act extends the CARES Act relief for in-service distributions of up to $100,000 to a money purchase pension plan (“MPPP”). 03/23/2020 Referred to the House Committee on Energy and Commerce. COVID- RELATED TAX RELIEF ACT OF 2020 Sec. 4 This Act may be cited as the ‘‘Emergency Pension 5 Plan Relief Act of 2021’’. TitlesTitles Actions OverviewActions Overview All ActionsAll Actions CosponsorsCosponsors CommitteesCommittees Related BillsRelated Bills SubjectsSubjects Latest SummaryLatest Summary All SummariesAll Summaries, Take Responsibility for Workers and Families Act Workforce Emergency Response Act of 2020. For each calendar year after the first full calendar year following the date of the enactment of the Emergency Pension Plan Relief Act of 2021, the accrual rates in subparagraph (A) shall increase by the national average wage index (as defined in section 209(k)(1) of the Social Security Act). COVID-19 Workers First Protection Act of 2020. A bill to waive required minimum distribution rules for retirement plans in 2020. This bill responds to the COVID-19 (i.e., coronavirus disease 2019) outbreak and its impact on the economy, public health, state and local governments, individuals, and businesses. The first phase, the American Rescue Plan of 2021, is moving through the reconciliation process in the House and Senate (not subject to filibuster in the Senate). Rapid Coverage for Coronavirus Vaccines Act. 03/19/2020 Referred to the House Committee on Small Business. 03/05/2019 Referred to the House Committee on House Administration. 01/25/2019 Referred to the Subcommittee on Health. MEPs are pension plans created by agreement between two or more employers, typically within the same industry, and a union. Making emergency supplemental appropriations for the fiscal year ending September 30, 2020, and for other purposes. 12/17/2019 Referred to the Subcommittee on Health. Additional 2020 recovery rebates for individuals. The multiemployer reforms appear to be based on the so-called Butch-Lewis Act, which passed the House in July 2019. Currently, the maximum is 100% of the first $11 of the monthly benefit rate, plus 75% of the next $33 of the monthly benefit rate, times the years of credited service. This relief provides favorable tax treatment for certain withdrawals from retirement plans and IRAs, including expanded loan options. 01/14/2020 Referred to the Subcommittee on Health. A bill to amend the Internal Revenue Code of 1986 to make the earned income tax credit available to residents of possessions of the United States. 03/12/2020 Read twice and referred to the Committee on Finance. 03/25/2020 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. Pensions January 22, 2021 Democrats Introduce Bill to Protect Pensions, Expand PGBC’s Power. A rescue plan for union pension plans nearing insolvency, exacerbated by plunging stock markets and skyrocketing unemployment, didn’t make it into last month’s massive COVID-19 … 03/17/2020 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. Stronger Medicaid Response to the COVID–19 Pandemic Act. The bill provides FY2020 supplemental appropriations for federal agencies to respond to the COVID-19 outbreak. These matters are often referred to as […], Institute for Pension Fund IntegritySound Policy for Public Pension Investment. 03/23/2020 Referred to the House Committee on Education and Labor. 04/17/2020 Referred to the House Committee on Energy and Commerce. The Heroes Act’s retirement provisions also includes relief for troubled multiemployer pension plans. 05/08/2020 Referred to the Committee on Energy and Commerce, 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. ), Administrative law and regulatory procedures, Alternative dispute resolution, mediation, arbitration, Competitiveness, trade promotion, trade deficits, Corporation for National and Community Service, Criminal investigation, prosecution, interrogation, Department of Housing and Urban Development, Educational technology and distance education, Elections, voting, political campaign regulation, Electric power generation and transmission, Emergency medical services and trauma care, Federal Emergency Management Agency (FEMA), Government buildings, facilities, and property, Government employee pay, benefits, personnel management, Health programs administration and funding, Housing and community development funding, Law enforcement administration and funding, Long-term, rehabilitative, and terminal care, Military procurement, research, weapons development, National Aeronautics and Space Administration, National Foundation on the Arts and the Humanities, National Railroad Passenger Corporation (Amtrak), Social work, volunteer service, charitable organizations, Tax administration and collection, taxpayers, U.S. Agency for International Development (USAID), Blog – In Custodia Legis: Law Librarians of Congress, House - Appropriations; Budget; Ways and Means, House - 03/23/2020 Referred to the Committee on Appropriations, and in addition to the Committees on the Budget, and 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. 05/01/2020 Referred to the House Committee on Oversight and Reform. Ensuring Affordable Housing Security During the Coronavirus Emergency Act of 2020. The much-heralded Butch Lewis Emergency Pension Plan Relief Act of 2021 (the “Butch Lewis Act of 2021”) is closer to becoming a reality as part of the COVID-19 relief bill, which is set for a vote in the House of Representatives on February 26, 2021. 03/22/2020 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Tucked away in the bill is Division D, Title I, the Emergency Pension Plan Relief Act of 2020, which provides benefits for single- and multi-employer pension plans. Protecting Collective Bargaining and Official Time for Federal Workers Act. SHORT TITLE. 05/08/2020 Referred to the House Committee on Financial Services. 03/25/2020 Read twice and referred to the Committee on Finance. This means a 30 year employee receives $12,870 annually, or $17,160 for a 40 year employee. To amend title XIX of the Social Security Act to provide for a temporary increase in Medicaid DSH allotments during the COVID-19 emergency period, and for other purposes. United States Public Health Service Modernization Act of 2019. Emergency Pension Plan Relief Act of 2021 (EPPRA) ... zone status as of a plan year beginning in 2019 for plan years that begin in 2020 or 2021. To temporarily provide for Federal insurance of transaction accounts during the COVID-19 emergency. The act also reinstates cuts that have been made by firms that were about to deal with insolvency. 03/31/2020 Referred to the House Committee on Energy and Commerce. ( 1 Be it enacted by the Senate and House of Representa-2 tives of the United States of America in Congress assembled, 3 SECTION 1. The act also reinstates cuts that have been made by firms that were about to deal with insolvency. The supplemental appropriations are designated as emergency spending, which is exempt from discretionary spending limits. To temporarily ban stock buybacks until the impact of COVID-19 on the American financial system has ended. Coverage for COVID–19 Treatment Act of 2020. To waive certain requirements with respect to in-person appraisals, and for other purposes. The 50 vote solution can restore your benefits if you insist that Congress acts immediately!. 07/25/2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 03/24/2020 Referred to the House Committee on Financial Services. 06/30/2020 Referred to the Committee on House Administration, and in addition to the Committees on Oversight and Reform, and the Judiciary, 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. Public Health Infrastructure Modernization Act of 2019. To provide for a temporary debt collection moratorium during the COVID-19 emergency period, and for other purposes. 03/19/2020 Referred to the House Committee on Education and Labor. 03/24/2020 Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, 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.

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