Considers legislation on registration, reporting, and disclosure of employee welfare and pension benefits plans, and on prohibiting employers' payments to welfare funds trustees.
Considers. S. 3421, to amend Pension Benefit Security Act to provide protection to pension participants for regulating, vesting, funding and reinsurance of private pension plans. S. 1024, to amend Welfare and Pension Plans Disclosure Act to establish fiduciary standards and responsibilities for individuals who administer welfare and pension funds. S. 1255, to amend Welfare and Pension Plans Disclosure Act to provide additional interest and beneficiary protection to participants for welfare and pension funds. S. 1103, to establish revolving fund for profit-sharing retirement plans and to establish a Pension and Employee Benefit Plan Commission.
Considers H.R. 1153 and related H.R. 10774, to amend Labor-Management Relations Act to allow construction industry employer contribution to joint labor-management committees for product promotion or collective bargaining agreement interpretation. H.R. 10774 would also expand use of employer established trust funds to finance employee benefit programs.