The Employees’ Pension Security Act of 2009
HR 4281
(als
HR 5754
of 2008, an
HR 4055
of 2005) is a proposed

Act of Congress An act of Congress is a statute enacted by the United States Congress. Acts may apply only to individual entities (called Public and private bills, private laws), or to the general public (Public and private bills, public laws). For a Bill (law) ...

that would require all single-employer pension plans to have equal representation of employees and employers on a joint pension trust board.

Background

The Bill specifically enacts provisions that had been found in the previous Act introduced by

Bernie Sanders Bernard Sanders (born September8, 1941) is an American politician and activist who is the Seniority in the United States Senate, senior United States Senate, United States senator from the state of Vermont. He is the longest-serving independ ...

, the Workplace Democracy Act. It was first introduced in 2005 by Peter Visclosky, and reintroduced again in 2008 and 2009.

The Act would amend the

Employee Retirement Income Security Act of 1974 The Employee Retirement Income Security Act of 1974 (ERISA) (, codified in part at ) is a federal law, U.S. federal United States tax law, tax and United States labor law, labor law that establishes minimum standards for Retirement plans in the ...

§403(a). The central provision is the following:

Background

Contents

See also