The Susan Muffley Act of 2025 increases pension benefits for certain plans.
The Susan Muffley Act of 2025 increases the benefits guaranteed in connection with certain pension plans. It defines "full vested plan benefit" and requires recalculation of benefits for eligible participants and beneficiaries. The act establishes a trust fund for payment of increased benefits and mandates lump-sum payments for past-due benefits, adjusted for foregone interest. The act specifies covered plans and ensures no effect on previous determinations by the Pension Benefit Guaranty Corporation.
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