115-hr-3596115th Congress

Rightsizing Pension Premiums Act of 2017

Sponsored By: Representative Kelly, Mike [R-PA-16]

Unknown

Summary

Rightsizing Pension Premiums Act of 2017 This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to: (1) modify the formula that the Pension Benefit Guaranty Corporation (PBGC) uses to calculate the funded percentage of single-employer pension plans, and (2) reduce single-employer PBGC premiums for pension plans that are sponsored by certain small employers or have specified PBGC funded percentages. The bill also prohibits the budget effects of provisions that change PBGC premiums from being counted for the purposes of determining budget points of order for legislation in the House or the Senate. (The PBGC is a federal agency that insures the benefits of private sector, defined benefit pension plans. The PBGC is financed by insurance premiums paid by sponsors of the plans, investment income, assets from pension plans taken over by the PBGC, and recoveries from the companies formerly responsible for the plans.)

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Kelly, Mike [R-PA-16]

PA • R

Cosponsors

Rep. Coffman, Mike [R-CO-6]
CO • R
Sponsored 4/26/2018
Rep. Norman, Ralph [R-SC-5]
SC • R
Sponsored 4/27/2018
LAMAR SMITH
TX • R
Sponsored 5/7/2018
Rep. Kind, Ron [D-WI-3]
WI • D
Sponsored 7/28/2017
COLLIN PETERSON
MN • D
Sponsored 10/3/2017
Sen. Marshall, Roger [R-KS]
KS • R
Sponsored 10/3/2017
Rep. Davis, Rodney [R-IL-13]
IL • R
Sponsored 10/3/2017
Rep. Palazzo, Steven M. [R-MS-4]
MS • R
Sponsored 10/11/2017
PATRICK TIBERI
OH • R
Sponsored 10/11/2017
Rep. Lucas, Frank D. [R-OK-3]
OK • R
Sponsored 10/11/2017
Rep. Rouzer, David [R-NC-7]
NC • R
Sponsored 10/11/2017
WM. CLAY
MO • D
Sponsored 10/11/2017
JOHN SHIMKUS
IL • R
Sponsored 10/11/2017
Rep. Wagner, Ann [R-MO-2]
MO • R
Sponsored 10/11/2017
Rep. Graves, Sam [R-MO-6]
MO • R
Sponsored 10/23/2017
Rep. LaHood, Darin [R-IL-16]
IL • R
Sponsored 10/23/2017
Rep. Velázquez, Nydia M. [D-NY-7]
NY • D
Sponsored 10/23/2017
Rep. Hastings, Alcee L. [D-FL-20]
FL • D
Sponsored 10/23/2017
WALTER JONES
NC • R
Sponsored 10/23/2017
Rep. Emmer, Tom [R-MN-6]
MN • R
Sponsored 10/24/2017
Rep. Harper, Gregg [R-MS-3]
MS • R
Sponsored 10/24/2017
Rep. Rokita, Todd [R-IN-4]
IN • R
Sponsored 10/24/2017
Rep. Roskam, Peter J. [R-IL-6]
IL • R
Sponsored 10/24/2017
Rep. Fortenberry, Jeff [R-NE-1]
NE • R
Sponsored 10/25/2017
Rep. Wilson, Joe [R-SC-2]
SC • R
Sponsored 10/25/2017
Rep. Luetkemeyer, Blaine [R-MO-3]
MO • R
Sponsored 10/25/2017
Rep. Soto, Darren [D-FL-9]
FL • D
Sponsored 11/2/2017
Rep. Walorski, Jackie [R-IN-2]
IN • R
Sponsored 11/2/2017
Rep. Holding, George [R-NC-2]
NC • R
Sponsored 11/2/2017
Rep. Brooks, Susan W. [R-IN-5]
IN • R
Sponsored 11/2/2017
Rep. Noem, Kristi L. [R-SD-At Large]
SD • R
Sponsored 11/2/2017
Rep. Long, Billy [R-MO-7]
MO • R
Sponsored 11/2/2017
Rep. DesJarlais, Scott [R-TN-4]
TN • R
Sponsored 11/2/2017
Rep. Huizenga, Bill [R-MI-4]
MI • R
Sponsored 11/2/2017
Rep. Gosar, Paul A. [R-AZ-9]
AZ • R
Sponsored 11/2/2017
Rep. Mooney, Alexander X. [R-WV-2]
WV • R
Sponsored 11/2/2017
Rep. Young, David [R-IA-3]
IA • R
Sponsored 11/2/2017
Rep. Smith, Jason [R-MO-8]
MO • R
Sponsored 11/2/2017
Rep. Loebsack, David [D-IA-2]
IA • D
Sponsored 11/2/2017
Rep. Kustoff, David [R-TN-8]
TN • R
Sponsored 11/2/2017
Rep. Meeks, Gregory W. [D-NY-5]
NY • D
Sponsored 11/2/2017
Rep. Estes, Ron [R-KS-4]
KS • R
Sponsored 11/2/2017
Rep. Gibbs, Bob [R-OH-7]
OH • R
Sponsored 11/3/2017
Rep. Johnson, Eddie Bernice [D-TX-30]
TX • D
Sponsored 11/3/2017
Rep. Rooney, Thomas J. [R-FL-17]
FL • R
Sponsored 11/3/2017
Rep. Posey, Bill [R-FL-8]
FL • R
Sponsored 11/6/2017
Rep. Hollingsworth, Trey [R-IN-9]
IN • R
Sponsored 11/6/2017
Rep. Yoho, Ted S. [R-FL-3]
FL • R
Sponsored 11/6/2017
Rep. Ratcliffe, John [R-TX-4]
TX • R
Sponsored 11/7/2017
Rep. Webster, Daniel [R-FL-11]
FL • R
Sponsored 11/7/2017
Rep. King, Steve [R-IA-4]
IA • R
Sponsored 11/7/2017
Rep. Russell, Steve [R-OK-5]
OK • R
Sponsored 11/7/2017
Rep. Kelly, Trent [R-MS-1]
MS • R
Sponsored 11/7/2017
Rep. Kuster, Ann M. [D-NH-2]
NH • D
Sponsored 11/7/2017
Rep. Rush, Bobby L. [D-IL-1]
IL • D
Sponsored 11/7/2017
Rep. Barletta, Lou [R-PA-11]
PA • R
Sponsored 11/7/2017
Rep. Bishop, Rob [R-UT-1]
UT • R
Sponsored 11/8/2017
Rep. Clarke, Yvette D. [D-NY-9]
NY • D
Sponsored 11/8/2017
Rep. Gaetz, Matt [R-FL-1]
FL • R
Sponsored 11/8/2017
Rep. Stewart, Chris [R-UT-2]
UT • R
Sponsored 11/8/2017
Rep. Schneider, Bradley Scott [D-IL-10]
IL • D
Sponsored 11/8/2017
Rep. Upton, Fred [R-MI-6]
MI • R
Sponsored 11/8/2017
Rep. Gonzalez, Vicente [D-TX-34]
TX • D
Sponsored 11/8/2017
Rep. Moolenaar, John R. [R-MI-2]
MI • R
Sponsored 11/8/2017
Rep. Thompson, Bennie G. [D-MS-2]
MS • D
Sponsored 11/9/2017
ELIOT ENGEL
NY • D
Sponsored 11/13/2017
Rep. Cleaver, Emanuel [D-MO-5]
MO • D
Sponsored 11/13/2017
Rep. Beatty, Joyce [D-OH-3]
OH • D
Sponsored 11/13/2017
Sen. Banks, Jim [R-IN]
IN • R
Sponsored 11/13/2017
Rep. Love, Mia B. [R-UT-4]
UT • R
Sponsored 11/13/2017
Rep. Messer, Luke [R-IN-6]
IN • R
Sponsored 11/13/2017
Rep. Rogers, Mike D. [R-AL-3]
AL • R
Sponsored 11/13/2017
Rep. Westerman, Bruce [R-AR-4]
AR • R
Sponsored 11/14/2017
Rep. Latta, Robert E. [R-OH-5]
OH • R
Sponsored 11/14/2017
Rep. Womack, Steve [R-AR-3]
AR • R
Sponsored 11/14/2017
Rep. Smith, Adrian [R-NE-3]
NE • R
Sponsored 11/14/2017
Sen. Cramer, Kevin [R-ND]
ND • R
Sponsored 11/14/2017
Rep. Bass, Karen [D-CA-37]
CA • D
Sponsored 11/14/2017
Rep. Johnson, Bill [R-OH-6]
OH • R
Sponsored 11/14/2017
Rep. Lawson, Al, Jr. [D-FL-5]
FL • D
Sponsored 11/15/2017
Rep. Stivers, Steve [R-OH-15]
OH • R
Sponsored 11/15/2017
Rep. Farenthold, Blake [R-TX-27]
TX • R
Sponsored 11/17/2017
Rep. Hartzler, Vicky [R-MO-4]
MO • R
Sponsored 11/17/2017
Rep. Adams, Alma S. [D-NC-12]
NC • D
Sponsored 11/17/2017
Rep. Cheney, Liz [R-WY-At Large]
WY • R
Sponsored 11/17/2017
Rep. Hill, J. French [R-AR-2]
AR • R
Sponsored 11/17/2017
Rep. Kinzinger, Adam [R-IL-16]
IL • R
Sponsored 11/17/2017
Rep. Arrington, Jodey C. [R-TX-19]
TX • R
Sponsored 11/21/2017
Rep. Bilirakis, Gus M. [R-FL-12]
FL • R
Sponsored 11/21/2017
Rep. Meng, Grace [D-NY-6]
NY • D
Sponsored 11/21/2017
Rep. Payne, Donald M., Jr. [D-NJ-10]
NJ • D
Sponsored 11/28/2017
Rep. Cárdenas, Tony [D-CA-29]
CA • D
Sponsored 11/28/2017
Rep. Carter, Earl L. "Buddy" [R-GA-1]
GA • R
Sponsored 11/28/2017
GREG WALDEN
OR • R
Sponsored 11/28/2017
Rep. Byrne, Bradley [R-AL-1]
AL • R
Sponsored 11/29/2017
Rep. Bost, Mike [R-IL-12]
IL • R
Sponsored 11/29/2017
Rep. Jenkins, Lynn [R-KS-2]
KS • R
Sponsored 11/29/2017
Rep. Bucshon, Larry [R-IN-8]
IN • R
Sponsored 11/29/2017
Rep. Thompson, Glenn [R-PA-15]
PA • R
Sponsored 11/30/2017
Rep. Gianforte, Greg [R-MT-At Large]
MT • R
Sponsored 11/30/2017
Rep. Crawford, Eric A. "Rick" [R-AR-1]
AR • R
Sponsored 11/30/2017
Del. Plaskett, Stacey E. [D-VI-At Large]
VI • D
Sponsored 11/30/2017
Rep. Schrader, Kurt [D-OR-5]
OR • D
Sponsored 11/30/2017
Rep. Rutherford, John H. [R-FL-5]
FL • R
Sponsored 12/1/2017
Rep. Bacon, Don [R-NE-2]
NE • R
Sponsored 12/1/2017
Rep. Ferguson, A. Drew, IV [R-GA-3]
GA • R
Sponsored 12/1/2017
Rep. Grothman, Glenn [R-WI-6]
WI • R
Sponsored 12/1/2017
Rep. Yoder, Kevin [R-KS-3]
KS • R
Sponsored 12/4/2017
Rep. Sewell, Terri A. [D-AL-7]
AL • D
Sponsored 12/4/2017
Rep. Dunn, Neal P. [R-FL-2]
FL • R
Sponsored 12/4/2017
Rep. Comer, James [R-KY-1]
KY • R
Sponsored 12/4/2017
Rep. Brownley, Julia [D-CA-26]
CA • D
Sponsored 12/4/2017
Rep. Bergman, Jack [R-MI-1]
MI • R
Sponsored 12/4/2017
Rep. Bustos, Cheri [D-IL-17]
IL • D
Sponsored 12/6/2017
Rep. Johnson, Henry C. "Hank" [D-GA-4]
GA • D
Sponsored 12/7/2017
Rep. Walz, Timothy J. [D-MN-1]
MN • D
Sponsored 12/7/2017
Rep. Hanabusa, Colleen [D-HI-1]
HI • D
Sponsored 12/7/2017
Rep. Hudson, Richard [R-NC-9]
NC • R
Sponsored 12/7/2017
Rep. Roby, Martha [R-AL-2]
AL • R
Sponsored 12/7/2017
Rep. Sinema, Kyrsten [D-AZ-9]
AZ • D
Sponsored 12/7/2017
Rep. Loudermilk, Barry [R-GA-11]
GA • R
Sponsored 12/12/2017
Rep. Davis, Danny K. [D-IL-7]
IL • D
Sponsored 12/13/2017
Rep. Gabbard, Tulsi [D-HI-2]
HI • D
Sponsored 12/13/2017
Rep. Comstock, Barbara [R-VA-10]
VA • R
Sponsored 12/13/2017
Rep. Simpson, Michael K. [R-ID-2]
ID • R
Sponsored 12/13/2017
Rep. Mast, Brian J. [R-FL-21]
FL • R
Sponsored 12/13/2017
Rep. Brown, Anthony G. [D-MD-4]
MD • D
Sponsored 12/14/2017
Rep. Burgess, Michael C. [R-TX-26]
TX • R
Sponsored 2/13/2018
Rep. Lujan Grisham, Michelle [D-NM-1]
NM • D
Sponsored 2/13/2018
Rep. Jordan, Jim [R-OH-4]
OH • R
Sponsored 2/13/2018
Rep. Pearce, Stevan [R-NM-2]
NM • R
Sponsored 2/13/2018
Rep. Tipton, Scott R. [R-CO-3]
CO • R
Sponsored 2/13/2018
Rep. Lamborn, Doug [R-CO-5]
CO • R
Sponsored 2/13/2018
Rep. McSally, Martha [R-AZ-2]
AZ • R
Sponsored 3/8/2018
Rep. Rice, Tom [R-SC-7]
SC • R
Sponsored 3/8/2018
Rep. Butterfield, G. K. [D-NC-1]
NC • D
Sponsored 4/26/2018
Rep. Clyburn, James E. [D-SC-6]
SC • D
Sponsored 4/26/2018

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov

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Back to Legislation

Rightsizing Pension Premiums Act of 2017

Summary

How does this bill affect your finances?

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Cosponsors

Roll Call Votes

Related Bills

Live Policy Activity

Not In My Barn Yard Act

Other Activity On This Topic

DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push

How These Connect

Deep Dive

Federal Debt & the Debt Ceiling

Commercial Space Launch & Regulation

Related Bills

Live Policy Activity

Not In My Barn Yard Act

Other Activity On This Topic

DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push

How These Connect

Deep Dive

Federal Debt & the Debt Ceiling

Commercial Space Launch & Regulation

Labor Updates Vietnam Vets' Job Rules After EO Shakeup

Guam Harbor Locks Down for Secret Service VIP Visit

Expressing support for the designation of August 22, 2026, as "Chuck Brown Day", and honoring Chuck Brown's contributions to music and to the District of Columbia.

No Insider Trading on National Security Act of 2026

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National Space Grant College Program

Advisory Council on Historic Preservation