,,ii  #aad? ,,congress  #a/ ,session    
,s4 #agad  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #g1 #bjae,mr4    
,man*9 7= himself1 ,mrs4 ,capito1 ,mr4  
,casey1 ,mr4 ,br[n1 ,mr4 ,ka9e1 ,mr4    
,w>n]1 & ,mr4 ,rob]ts7 introduc$ !      
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,f9ance  ,a ,,bill   
,to am5d ! ,surface ,m9+ ,control &     
,reclamation ,act ( #aigg to transf]    
c]ta9 funds to ! ,multiemploy] ,heal?   
,b5efit ,plan & ! #aigd ,unit$ ,m9e     
,work]s ( ,am]ica ,p5sion ,plan1 & = o!r
 purposes4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,m9]s ,protection ,act (
 #bjae4  #b4 ,inclusion ( c]ta9 retirees
 9 ! ,multiemploy] ,heal? ,b5efit ,plan 
,section #djb ( ! ,surface ,m9+ ,control
 & ,reclamation ,act ( #aigg 7#cj       
,u4,s4,c4 #abcb7 is am5d$--  7#a7 9     
subsection 7h77#b77;,c7--  7,a7 by /rik+
 ,a transf] & ins]t+ ! foll[+3  7i7     
,transf] to ! ,plan ,a transf]  2  7,b7 
by r$esignat+ clauses 7i7 & 7ii7 z      
subclauses 7,i7 & 7,,ii71 respectively1 

& mov+ su* subclauses #b ems to ! "r2 & 
7,c7 by /rik+ ! matt] foll[+ su*        
subclause 7,,ii7 7z s r$esignat$7 &     
ins]t+ ! foll[+3  7ii7 ,calculation (   
excess ,! excess det]m9$ "u clause 7i7  
%all be calculat$ by tak+ into acc\nt   
only--  7,i7 ^? b5efici>ies actually    
enroll$ 9 ! ,plan z ( ! date ( !        
enactm5t ( ! ,m9]s ,protection ,act (   
#bjae1 :o are eligible to receive heal? 
b5efits "u ! ,plan on ! fir/ day ( !    
cal5d> ye> = :i* ! transf] is made2 &   
7,,ii7 ^? b5efici>ies ^: heal? b5efits1 
def9$ z ^? b5efits payable directly     
foll[+ dea? or retirem5t or ^u a f9d+ ( 
disability by an employ] 9 ! bitum9\s   
coal indu/ry "u a coal wage agreem5t    
7def9$ 9 section #igja7;b77#a7 ( !      
,int]nal ,rev5ue ,code ( #aihf71 w\ld be
 d5i$ or r$uc$ z a result ( a bankruptcy
 proce$+ comm5c$ 9 #bjab4  7iii7        
,eligibility ( c]ta9 retirees           
,individuals ref]r$ to 9 clause         
7ii77,,ii7 %all be treat$ z eligible to 
receive heal? b5efits "u ! ,plan4  7iv7 

,requirem5ts = transf] ,! am\nt ( !     
transf] o!rwise det]m9$ "u ?is          
subp>agraph = a fiscal ye> %all be r$uc$
 by any am\nt transf]r$ = ! fiscal ye>  
to ! ,plan1 to pay b5efits requir$ "u ! 
,plan1 f a volunt>y employees' b5efici>y
 association e/abli%$ z a result ( !    
bankruptcy proce$+ describ$ 9 clause    
7ii74  7v7 ,,veba transf] ,! adm9i/rator
 ( su* volunt>y employees' b5efici>y    
association %all transf] to ! ,plan any 
am\nts receiv$ z a result ( su*         
bankruptcy proce$+1 r$uc$ by an am\nt = 
adm9i/rative co/s ( su* association4  2 
&  7#b7 9 subsection 7i7--  7,a7 by     
r$esignat+ p>agraph 7#d7 z p>agraph     
7#e72 &  7,b7 by ins]t+ aft] p>agraph   
7#c7 ! foll[+3  7#d7 ,additional am\nts 
7,a7 ,calculation ,if ! doll> limitation
 specifi$ 9 p>agraph 7#c77;,a7 exce$s ! 
aggregate am\nt requir$ to be transf]r$ 
"u p>agraphs 7#a7 & 7#b7 = a fiscal ye>1
 ! ,secret>y ( ! ,treasury %all transf] 
an additional am\nt equal to ! diff]5ce 
betwe5 su* doll> limitation & su*       

aggregate am\nt to ! tru/ees ( ! #aigd  
,,umwa ,p5sion ,plan to pay b5efits     
requir$ "u t plan4  7,b7 ,cessation (   
transf]s ,! transf]s describ$ 9         
subp>agraph 7,a7 %all cease z ( ! fir/  
fiscal ye> beg9n+ aft] ! fir/ plan ye> =
 :i* ! fund$ p]c5tage 7z def9$ 9 section
 #dcb7;i77#b7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf7 ( ! #aigd ,,umwa ,p5sion ,plan
 is at lea/ #ajj p]c5t4  7,c7           
,prohibition on b5efit increases1 etc   
,dur+ a fiscal ye> 9 :i* ! #aigd ,,umwa 
,p5sion ,plan is receiv+ transf]s "u    
subp>agraph 7,a71 no am5dm5t ( su* plan 
:i* increases ! liabilities ( ! plan by 
reason ( any increase 9 b5efits1 any    
*ange 9 ! accrual ( b5efits1 or any     
*ange 9 ! rate at :i* b5efits become    
non=feitable "u ! plan may be adopt$    
unless ! am5dm5t is requir$ z a         
condition ( qualification "u "p ,i (    
sub*apt] ,d ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf4  7,d7 ,treatm5t (
 transf]s = purposes ( )drawal liability
 "u ,,erisa ,! am\nt ( any transf] made 

"u subp>agraph 7,a7 7& any e>n+s        
attributable !reto7 %all be disreg>d$ 9 
det]m9+ ! unfund$ ve/$ b5efits ( ! #aigd
 ,,umwa ,p5sion ,plan & ! allocation (  
su* unfund$ ve/$ b5efits to an employ] =
 purposes ( det]m9+ ! employ]'s )drawal 
liability "u section #dbja4  7,e7       
,requirem5t to ma9ta9 contribution rate 
,a transf] "u subp>agraph 7,a7 %all n be
 made = a fiscal ye> unless ! p]sons t  
are obligat$ to contribute to ! #aigd   
,,umwa ,p5sion ,plan on ! date ( !      
transf] are obligat$ to make !          
contributions at rates t are no less ?an
 ^? 9 effect on ! date :i* is #cj days  
be=e ! date ( enactm5t ( ! ,m9]s        
,protection ,act ( #bjae4  7,f7 ,enhanc$
 annual report+  7i7 ,9 g5]al ,n lat]   
?an ! #ij? day ( ea* plan ye> beg9n+    
aft] ! date ( enactm5t ( ! ,m9]s        
,protection ,act ( #bjae1 ! tru/ees ( ! 
#aigd ,,umwa ,p5sion ,plan %all file ) !
 ,p5sion ,b5efit ,gu>anty ,corporation a
 report 7includ+ appropriate            
docum5tation & actu>ial c]tifications f 

! plan actu>y1 z requir$ by ! ,secret>y 
( ,labor7 t conta9s--  7,i7 :e!r ! plan 
is 9 endang]$ or critical /atus "u      
section #cje ( ! ,employee ,retirem5t   
,income ,security ,act ( #aigd & section
 #dcb ( ! ,int]nal ,rev5ue ,code ( #aihf
 z ( ! fir/ day ( su* plan ye>2  7,,ii7 
! fund$ p]c5tage 7z def9$ 9 section     
#dcb7;i77#b7 ( su* ,code7 z ( ! fir/ day
 ( su* plan ye>1 & ! und]ly+ actu>ial   
value ( assets & liabilities tak5 into  
acc\nt 9 det]m9+ su* p]c5tage2  7,,iii7 
! m>ket value ( ! assets ( ! plan z ( ! 
la/ day ( ! plan ye> prec$+ su* plan    
ye>2  7,,iv7 ! total value ( all        
contributions made dur+ ! plan ye>      
prec$+ su* plan ye>2  7,v7 ! total value
 ( all b5efits paid dur+ ! plan ye>     
prec$+ su* plan ye>2  7,,vi7 ca% fl[    
projections = su* plan ye> & ei!r ! #f  
or #aj succe$+ plan ye>s1 at ! election 
( ! tru/ees1 & ! assumptions reli$ ^u 9 
mak+ su* projections2  7,,vii7 fund+    
/&>d acc\nt projections = su* plan ye> &
 ! #i succe$+ plan ye>s1 & ! assumptions

 reli$ ^u 9 mak+ su* projections2       
7,,viii7 ! total value ( all inve/m5t   
ga9s or losses dur+ ! plan ye> prec$+   
su* plan ye>2  7,,ix7 any significant   
r$uction 9 ! numb] ( active p>ticipants 
dur+ ! plan ye> prec$+ su* plan ye>1 & !
 reason = su* r$uction2  7,x7 a li/ (   
employ]s t )drew f ! plan 9 ! plan ye>  
prec$+ su* plan ye>1 & ! result+        
r$uction 9 contributions2  7,,xi7 a li/ 
( employ]s t paid )drawal liability to !
 plan dur+ ! plan ye> prec$+ su* plan   
ye> &1 = ea* employ]1 a total assessm5t 
( ! )drawal liability paid1 ! annual    
paym5t am\nt1 & ! numb] ( ye>s rema9+ 9 
! paym5t s*$ule ) respect to su* )drawal
 liability2  7,,xii7 any mat]ial *anges 
to b5efits1 accrual rates1 or           
contribution rates dur+ ! plan ye>      
prec$+ su* plan ye>2  7,,xiii7 any      
s*$ul$ b5efit increase or decrease 9 !  
plan ye> prec$+ su* plan ye> hav+ a     
mat]ial effect on liabilities ( ! plan2 
7,,xiv7 details reg>d+ any fund+        
improvem5t plan or rehabilitation plan &

 updates to su* plan2  7,,xv7 ! numb] ( 
p>ticipants & b5efici>ies dur+ ! plan   
ye> prec$+ su* plan ye> :o are active   
p>ticipants1 ! numb] ( p>ticipants &    
b5efici>ies 9 pay /atus1 & ! numb] (    
t]m9at$ ve/$ p>ticipants & b5efici>ies2 
7,,xvi7 ! in=mation conta9$ on ! mo/    
rec5t annual fund+ notice submitt$ by ! 
plan "u section #aja7;f7 ( ! ,employee  
,retirem5t ,income ,security ,act (     
#aigd2  7,,xvii7 ! in=mation conta9$ on 
! mo/ rec5t ,dep>tm5t ( ,labor ,=m #eejj
 ( ! plan2 &  7,,xviii7 copies ( ! plan 
docum5t & am5dm5ts1 o!r retirem5t b5efit
 or ancill>y b5efit plans relat+ to !   
plan & contribution obligations "u su*  
plans1 a breakd[n ( adm9i/rative exp5ses
 ( ! plan1 p>ticipant c5sus data &      
di/ribution ( b5efits1 ! mo/ rec5t      
actu>ial valuation report z ( ! plan    
ye>1 copies ( collective b>ga9+         
agreem5ts1 & f9ancial reports1 & su* o!r
 in=mation z ! ,secret>y ( ,labor or !  
,secret>y ( ! ,treasury may require by  
reque/ to su* ,corporation4  7ii7       

,electronic submission ,! report requir$
 "u clause 7i7 %all be submitt$         
electronically4  7iii7 ,in=mation %>+ ,!
 ,p5sion ,b5efit ,gu>anty ,corporation  
%all %>e ! in=mation 9 ! report "u      
clause 7i7 ) ! ,secret>y ( ! ,treasury &
 ! ,secret>y ( ,labor4  7iv7 ,excise tax
 ,if ! report requir$ "u clause 7i7 is n
 fil$ z ( ! date describ$ 9 su* clause1 
!re %all be a tax on ! #aigd ,,umwa     
,p5sion ,plan 9 ! am\nt ( #ajj = ea* day
 occurr+ aft] su* date & be=e ! date on 
:i* su* report is actually fil$4 ,!     
prec$+ s5t5ce %all n apply if ! ,p5sion 
,b5efit ,gu>anty ,corporation det]m9es t
 reasonable dilig5ce has be5 ex]cis$ by 
! tru/ees ( su* plan 9 attempt+ to      
timely file su* report4  7,g7 #aigd     
,,umwa ,p5sion ,plan def9$ ,= purposes (
 ?is p>agraph1 ! t]m #aigd ,,umwa       
,p5sion ,plan has ! mean+ giv5 ! t]m 9  
section #igja7;a77#c7 ( ! ,int]nal      
,rev5ue ,code ( #aihf1 b )\t reg>d to ! 
limitation on p>ticipation to           
individuals :o retir$ 9 #aigf & !reaft]4

  4