,i  #aaeth ,,congress  #ast ,session    
,h4 ,r4 #baag  ,,in ,,the ,,house ,,of  
,,representatives  ,april #be1 #bjag,mr4
 ,sessions 7for himself and ,mr4        
,pascrell7 introduced the following     
bill2 which was referred to the         
,committee on ,education and the        
,workforce  ,a ,,bill  ,to amend the    
,employee ,retirement ,income ,security 
,act of #aigd to permit multiemployer   
plans in critical status to modify plan 
rules relating to withdrawal liability1 
and for other purposes4  #a4 ,short     
title ,this ,act may be cited as the    
,multi-,employer ,pension ,plan         
,partnership ,act of #bjag4  #b4        
,alternative method of withdrawal       
liability payments ,section #dbbd of the
 ,employee ,retirement ,income ,security
 ,act 7#bi ,u4,s4,c4 #adjd7 is amended--
  7#a7 by striking ,a multiemployer plan
 and inserting 7a7 ,a multiemployer     
plan2 and  7#b7 by adding at the end the
 following3  7b7 ,notwithstanding any   
contrary provisions of this part1 in the

 case of a multiemployer plan that is in
 critical status within the meaning of  
subsection 7b77#b7 of section #cje and  
whose plan sponsor determines pursuant  
to subsection 7e77#c77;,a77ii7 of such  
section that the plan cannot be         
reasonably expected to emerge from      
critical status by the end of the       
rehabilitation period1 such plan may    
adopt rules for the purpose of          
forestalling or avoiding insolvency that
 provide for other terms and conditions 
for the computation of the amount of an 
employer's withdrawal liability 7not to 
exceed the amount that would otherwise  
be determined without regard to this    
subsection74 ,any such rule shall become
 effective at the end of a #ij-;day     
period that begins on the date of       
adoption of the rule unless the         
corporation disapproves the rule before 
the end of the #ij-;day period 7except  
that such #ij-;day period shall be      
tolled during any period in which a     
request by the corporation for          

additional information is pending74 ,the
 corporation may disapprove a rule under
 this subsection only if it reasonably  
determines that the rule creates an     
unreasonable risk of loss to plan       
participants and beneficiaries or to the
 corporation4  4