To amend title I of the Employee Retirement Income Security Act of 1974 to provide for joint trusteeship of single-employer pension plans.
Last action on Nov 25, 2002Referred to the Subcommittee on Employer-Employee Relations.
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Summary
Amends the Employee Retirement Income Security Act of 1974 (ERISA) to require joint trusteeship of single-employer pension plans, with equal representation of the interests of the employer or employers maintaining the plan and of the those of the participants and their beneficiaries.
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