,i #aac? ,,congress #b;d ,session ,h4 ,r4 #eebc ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #ag1 #bjad ,ms4 ,slaught] 7= h]self & ,mr4 ,jones7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,education & ! ,work=ce ,a ,,bill ,to am5d ! ,employee ,retirem5t ,income ,security ,act ( #aigd & ! ,national ,labor ,relations ,act to protect ! heal? b5efits ( retirees1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,employee ,b5efits ,protection ,act ( #bjad4 #b4 ,notification ( ext5t to :i* heal? b5efits c be modifi$ or t]m9at$ 7a7 ,inclusion 9 summ>y plan description ,section #ajb7;b7 ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #ajbb7 is am5d$ by ins]t+ 2 9 ! case ( a gr\p heal? plan 7z s def9$71 :e!r ! provisions ( ! plan p]mit ! plan sponsor or any employ] p>ticipat+ 9 ! plan to unilat]ally modify or t]m9ate ! b5efits "u ! plan ) respect to employees1 retir$ employees1 & b5efici>ies1 & :5 & to :at ext5t b5efits "u ! plan are fully ve/$ ) respect to employees1 retir$ employees1 & b5efici>ies aft] ! "n & address ( su* issu]4 7b7 ,presumption t retir$ employee heal? b5efits _c be modifi$ or t]m9at$ ,section #ejb ( ! ,employee ,retirem5t ,income ,security ,act ( #aigd 7#bi ,u4,s4,c4 #aacb7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7n7 ,9 ! case ( a suit br\ght "u ?is title by a p>ticipant or b5efici>y relat+ to b5efits ( a retir$ employee or ! dep5d5ts ( a retir$ employee "u a gr\p heal? plan 7z def9$ 9 section #gcc7;a77#a771 ! presumption = purposes ( su* suit %all be t z ( ! date an employee retires or completes #bj ye>s ( s]vice ) ! employ]1 b5efits available "u ! plan dur+ retirem5t ( ! employee are fully ve/$ & _c be modifi$ or t]m9at$ = ! life ( ! employee or1 if long]1 ! life ( ! employee's sp\se4 ,?is presumption c be ov]come only ^u a %[+1 by cle> & conv9c+ evid5ce1 t ! t]ms ( ! gr\p heal? plan all[ = a modification or t]m9ation ( b5efits available "u ! plan & t ! employee1 prior to becom+ a p>ticipant 9 ! plan1 0 made aw>e1 9 cle> & unambigu\s t]ms1 t ! plan all[$ = su* modification or t]m9ation ( b5efits4 4 #c4 ,protection ( retirees "u c]ta9 collectively b>ga9$ agreem5ts ,section #h ( ! ,national ,labor ,relations ,act 7#bi ,u4,s4,c4 #aeh7 is am5d$ by add+ at ! end ! foll[+3 7h7 ,x %all be an unfair labor practice = any labor organization & any employ] to ent] into any contract or agreem5t1 express or impli$1 :]eby ! organization & employ] agree to modify ! t]ms ( any previ\s agreem5t 9 a mann] t w\ld result 9 a r$uction or t]m9ation ( retiree heal? insurance b5efits provid$ to an employee or a dep5d5t ( an employee "u ! previ\s agreem5t1 if su* modification ( ! t]ms ( ! previ\s agreem5t occurs aft] ! date on :i* ! employee retires4 4 #d4 ,comptroll] ,g5]al report 7a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit to ,congress a report on ! /rategies t corporations use to avoid obligations to pay promis$ employee & retiree b5efits4 7b7 ,cont5ts ,! report "u subsection 7a7 %all include a discussion (-- 7#a7 ! use ( sp9-(fs1 m]g]s1 subsidi>ies1 bankruptcies1 asset sales1 & o!r /rategies to avoid obligations to pay promis$ employee & retiree b5efits2 7#b7 ! impact ( su* avoidance on ! f9ancial1 physical1 & m5tal well-be+ ( employees & retirees2 7#c7 ! impact on ,f$]al & ,/ate budgets :5 employ]s t]m9ate or r$uce ! b5efits ( employees & retirees1 includ+ ! co/s t are incurr$ :5 employees & retirees seek assi/ance f ,f$]al & ,/ate gov]nm5t programs & s]vices z a result ( ! t]m9ation or r$uction ( _! employm5t-relat$ b5efits2 & 7#d7 recomm5dations to prev5t corporations f evad+ contractual obligations to pay employee & retiree b5efits4