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HOUSE 1357119th CongressReferred 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.

Susan Muffley Act of 2025

Last Action
2/13/2025

Actions

  • 2025-02-13Referred 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.
  • 2025-02-13Referred 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.
  • 2025-02-13Introduced in House
  • 2025-02-13Introduced in House

CRS Summary

As of 2025-02-13 (00)

Susan 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.

Cosponsors (20)

  • Marcy Kaptur (D-OH)
  • Claudia Tenney (R-NY)
  • Gwen Moore (D-WI)
  • Daniel Webster (R-FL)
  • Adam Smith (D-WA)
  • Michael Rulli (R-OH)
  • Austin Scott (R-GA)
  • James Baird (R-IN)
  • Jack Bergman (R-MI)
  • Shri Thanedar (D-MI)
  • Troy Balderson (R-OH)
  • Bryan Steil (R-WI)
  • Mark Pocan (D-WI)
  • David Joyce (R-OH)
  • Kristen McDonald Rivet (D-MI)
  • Victoria Spartz (R-IN)
  • Greg Landsman (D-OH)
  • Lois Frankel (D-FL)
  • John James (R-MI)
  • David Taylor (R-OH)

Subjects

  • Congressional oversight
  • Employee benefits and pensions
  • Government trust funds
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.