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Senate Bill 2267 Update

Monday, January 8, 2018   (0 Comments)
Posted by: Amy Tieperman
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Senate Bill 2267

As previously advised, On December 21, 2017, S. 2267 was introduced in the Senate.  Additional information has been published as well the.  The Bill was introduced as The Pension Priority Act and referred to the Senate Judiciary Committee thereafter. 

The intent of the Bill is to allowing unsecured claims resulting from the termination of an employee pension benefit plan covered under the Employee Retirement Income Security Act for withdrawal liability; for awards pursuant under the Act; for delinquent contributions and obligations under the Act; and other obligations owed to the employee and/or the Pension Benefit Guaranty Corporation.  Download a copy of the Bill as introduced here.


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