The Susan Muffley Act of 2025 increases pension benefits for certain plans and establishes a trust fund for payments.

The Susan Muffley Act of 2025 increases the benefits guaranteed in connection with specific pension plans. It recalculates monthly benefits for eligible participants and beneficiaries, ensuring they receive the full vested plan benefit. The Pension Benefit Guaranty Corporation must adjust payments accordingly. The Act establishes a trust fund in the Treasury to cover the costs of these increased benefits and related administrative expenses. It also outlines the tax treatment of lump-sum payments made to eligible participants and beneficiaries.

The Susan Muffley Act of 2025 increases pension benefits for certain plans and establishes a trust fund for payments.

The Susan Muffley Act of 2025 increases the benefits guaranteed in connection with specific pension plans. It recalculates monthly benefits for eligible participants and beneficiaries, ensuring they receive the full vested plan benefit. The Pension Benefit Guaranty Corporation must adjust payments accordingly. The Act establishes a trust fund in the Treasury to cover the costs of these increased benefits and related administrative expenses. It also outlines the tax treatment of lump-sum payments made to eligible participants and beneficiaries.