# 114-hr-4029: Pension Accountability Act

114-hr-4029, Pension Accountability Act, is a 114th Congress bill sponsored by Rep. Joyce, David P. [R-OH-14] (R-OH); status Referred to the Subcommittee on Health, Employment, Labor, and Pensions. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4029
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4029
- Congress: 114
- Title: Pension Accountability Act
- Status: Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
- Introduced: 2015-11-17
- Sponsor: Rep. Joyce, David P. [R-OH-14] (R-OH)
- Cosponsors: 14
- Policy area: Labor and Employment
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Pension Accountability Act This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to revise rules for voting on the suspension of pension benefits under multiemployer plans in endangered or critical status. The bill changes the voting procedure for suspending plan benefits to provide that a suspension shall go into effect unless a majority of plan participants and beneficiaries who cast a vote (currently, a majority of all plan participants and beneficiaries) reject the suspension. The bill also eliminates the authority of the Department of the Treasury, in the case of systemically important plans, to override a vote of plan participants to reject a suspension. A plan is systemically important if projected financial assistance to the plan will exceed $1 billion if suspensions are not implemented.

## Cosponsors (14)

- Rep. Ryan, Tim [D-OH-13] (D-OH), 2015-11-17T00:00:00.000Z
- Rep. Kaptur, Marcy [D-OH-9] (D-OH), 2015-11-19T00:00:00.000Z
- Rep. Kildee, Daniel T. [D-MI-8] (D-MI), 2015-11-19T00:00:00.000Z
- Rep. Johnson, Bill [R-OH-6] (R-OH), 2015-11-19T00:00:00.000Z
- Rep. Scott, David [D-GA-13] (D-GA), 2015-11-30T00:00:00.000Z
- ROBERT BRADY (D-PA), 2015-12-01T00:00:00.000Z
- Rep. Garamendi, John [D-CA-8] (D-CA), 2015-12-01T00:00:00.000Z
- Rep. Ashford, Brad [D-NE-2] (D-NE), 2015-12-08T00:00:00.000Z
- Rep. Fortenberry, Jeff [R-NE-1] (R-NE), 2015-12-08T00:00:00.000Z
- Rep. Dingell, Debbie [D-MI-6] (D-MI), 2015-12-18T00:00:00.000Z
- Rep. Griffith, H. Morgan [R-VA-9] (R-VA), 2016-02-09T00:00:00.000Z
- Rep. Cohen, Steve [D-TN-9] (D-TN), 2016-02-09T00:00:00.000Z
- Rep. Young, David [R-IA-3] (R-IA), 2016-04-26T00:00:00.000Z
- Rep. Aguilar, Pete [D-CA-33] (D-CA), 2016-04-26T00:00:00.000Z

## Related bills

- 114-hr-893: Boys Town Centennial Commemorative Coin Act
- 114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016
- 114-hr-3929: Office of Strategic Services Congressional Gold Medal Act
- 114-hr-6: 21st Century Cures Act
- 114-hr-1769: Toxic Exposure Research Act of 2016
- 114-hr-3381: Childhood Cancer STAR Act

## Sources
- [114-hr-4029 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4029)

## Related
- [114-hr-893: Boys Town Centennial Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-893)
- [114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016](https://policyrisk.com/legislation/114-hr-5292)
- [114-hr-3929: Office of Strategic Services Congressional Gold Medal Act](https://policyrisk.com/legislation/114-hr-3929)
- [114-hr-6: 21st Century Cures Act](https://policyrisk.com/legislation/114-hr-6)
- [114-hr-1769: Toxic Exposure Research Act of 2016](https://policyrisk.com/legislation/114-hr-1769)
- [114-hr-3381: Childhood Cancer STAR Act](https://policyrisk.com/legislation/114-hr-3381)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4029 (as of 2025-11-18).