,,ii  #aadth ,,congress  #ast ,session  
,s4 #badg  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,october #g1   
#bjae ,mr4 ,portman 7for himself and    
,mr4 ,burr7 introduced the following    
bill2 which was read twice and referred 
to the ,committee on ,health1           
,education1 ,labor1 and ,pensions  ,a   
,,bill  ,to amend the ,employee         
,retirement ,income ,security ,act of   
#aigd and the ,internal ,revenue ,code  
of #aihf with respect to participant    
votes on the suspension of benefits     
under multiemployer plans in critical   
and declining status4  #a4 ,short title 
,this ,act may be cited as the ,pension 
,accountability ,act 4  #b4 ,benefit    
suspensions for multiemployer plans in  
critical and declining status  7a7      
,,erisa amendments ,section             
#cje7;e77#i77;,h7 of the ,employee      
,retirement ,income ,security ,act of   
#aigd 7#bi ,u4,s4,c4 #ajhe7;e77#i77;,h77
 is amended--  7#a7 in clause 7ii7--    
7,a7 by striking ,except as provided in 

clause 7v71 the and inserting ,the2 and 
7,b7 by striking a majority of all      
participants and beneficiaries of the   
plan and inserting 1 of the participants
 and beneficiaries of the plan who cast 
a vote1 a majority2  7#b7 by striking   
clause 7v72  7#c7 by redesignating      
clause 7vi7 as clause 7v72 and  7#d7 in 
clause 7v71 as so redesignated--  7,a7  
by striking 7or following a             
determination under clause 7v7 that the 
plan is a systemically important plan72 
and  7,b7 by striking 7or1 in the case  
of a suspension that goes into effect   
under clause 7v71 at a time sufficient  
to allow the implementation of the      
suspension prior to the end of the      
#ij-;day period described in clause     
7v77,i774  7b7 ,,irc amendments ,section
 #dcb7;e77#i77;,h7 of the ,internal     
,revenue ,code of #aihf is amended--    
7#a7 in clause 7ii7--  7,a7 by striking 
,except as provided in clause 7v71 the  
and inserting ,the2 and  7,b7 by        
striking a majority of all participants 

and beneficiaries of the plan and       
inserting 1 of the participants and     
beneficiaries of the plan who cast a    
vote1 a majority2  7#b7 by striking     
clause 7v72  7#c7 by redesignating      
clause 7vi7 as clause 7v72 and  7#d7 in 
clause 7v71 as so redesignated-- 7,a7 by
 striking 7or following a determination 
under clause 7v7 that the plan is a     
systemically important plan72 and  7,b7 
by striking 7or1 in the case of a       
suspension that goes into effect under  
clause 7v71 at a time sufficient to     
allow the implementation of the         
suspension prior to the end of the      
#ij-;day period described in clause     
7v77,i774  7c7 ,effective date ,the     
amendments made by subsections 7a7 and  
7b7 shall apply to any vote on the      
suspension of benefits under section    
#cje7;e77#i77;,h7 of the ,employee      
,retirement ,income ,security ,act of   
#aigd 7#bi ,u4,s4,c4 #ajhe7;e77#i77;,h77
 and section #dcb7;e77#i77;,h7 of the   
,internal ,revenue ,code of #aihf that  

occurs after the date of enactment of   
this ,act4