§ 1361. Amounts payable by corporation

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1974

   Employee Retirement Income Security Act of 1974

   Pub. L. 93–406 title IV § 4061 · 88 Stat. 829

   Enacted · 29 U.S.C. § 1361

   Pub. L. 93–406, title IV, § 4061, Sept. 2, 1974, 88 Stat. 1029

   Source evidence

   Code source credit
   Pub. L. 93–406, title IV, § 4061, Sept. 2, 1974, 88 Stat. 1029

   Enacted provision · exact public law section
   Sec. 4061. amounts payable by the corporation The corporation shall pay benefits under a plan terminated 29 USC 1361. Ante, p. 1014. Ante, p. 1016. under this title subject to the limitations and requirements of subtitle B of this title. Amounts guaranteed by the corporation under section 4022 shall be paid by the corporation out of the appropriate fund.

2. 1980

   Multiemployer Pension Plan Amendments Act of 1980

   Pub. L. 96–364 title IV § 403(f) · 94 Stat. 1208

   Substituted · 29 U.S.C. § 1361

   Pub. L. 96–364 substituted provisions relating to payment of benefits under a single-employer plan terminated under this subchapter subject to limitations and requirements of subtitle B of this subchapter for provisions relating to payment of benefits under a plan terminated under this subchapter subject to limitations and requirements of subtitle B of this subchapter

   Source evidence

   Code amendment note
   Pub. L. 96–364 substituted provisions relating to payment of benefits under a single-employer plan terminated under this subchapter subject to limitations and requirements of subtitle B of this subchapter for provisions relating to payment of benefits under a plan terminated under this subchapter subject to limitations and requirements of subtitle B of this subchapter.

   Enacted provision · exact public law section
   (f) Section 4061 is amended to read as follows: “Sec. 4061. “amounts payable by the corporation The corporation shall pay benefits under a single-employer 29 USC 1361. plan terminated under this title subject to the limitations and requirements of subtitle B of this title. The corporation shall 29 USC 1321. provide financial assistance to pay benefits under a multiemployer plan which is insolvent under section 4245 or 4281(d)(2)(A), subject to Ante, pp. 1259, 1261. 29 USC 1321, 1341, ante, p. 1217. Ante, p. 1210. the limitations and requirements of subtitles B, C, and E of this title. Amounts guaranteed by the corporation under sections 4022 and 4022A shall be paid by the corporation only out of the appropriate fund. The corporation shall make payments under the supplemental program to reimburse multiemployer plans for uncollectible withdrawal liability only out of the fund established under section 4005(e).”. Ante, p. 1300. 29 USC 1362.

   Effective date note
   Amendment by Pub. L. 96–364 effective Sept. 26, 1980, except as specifically provided, see section 1461(e) of this title.

2 of 2 references resolved to an enrolled provision