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The bill was then introduced again in 2021 during the 117th Congress in its current form. It was renamed the Butch Lewis Emergency Pension Plan Relief Act of 2021 . [12] This version of the bill was included as a part of the American Rescue Plan, Congress' 1.9 trillion dollar economic relief package in response to the COVID-19 pandemic. [13]
Elements of both bills were incorporated into the fiscal year 2020 spending bill (H R. 1865). [3] [5] The SECURE Act, as part of the spending bill, was passed by the House on December 17, 2019 by a vote of 297–120 and by the Senate on December 19, 2019 by a vote of 71–23. [5] It was signed into law by President Donald Trump on December 20 ...
The rankings below are the 30 largest public pension plans in the U.S., according to the 2018 list compiled by Pensions & Investments. [1] Because this information is now several years old, the numbers and rankings may no longer be entirely accurate.
President Joe Biden signed a measure into law on Sunday that boosts Social Security retirement payments to some retirees who draw public pensions, such as former police officers and firefighters ...
A bill analysis of the Senate legislation conducted by the Senate Fiscal Agency found that on top of Michigan’s current $49 billion worth of unfunded pension liabilities to pay off, “other ...
The legislation also has a range of smaller changes to the retirement system, including new tax credits to help small businesses set up their own IRA or Simplified Employee Pension (SEP) plans for ...