,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #djdc  ,,in ,,the ,,house ,,of  
,,representatives  ,july #be1 #bjai,mr4 
,luetkemeyer 7for himself1 ,mr4 ,clay1  
,mr4 ,bost1 ,mr4 ,rodney ,davis of      
,illinois1 and ,mr4 ,shimkus7 introduced
 the following bill2 which was referred 
to the ,committee on ,ways and ,means1  
and in addition to the ,committee on    
,education and ,labor1 for a period to  
be subsequently determined by the       
,speaker1 in each case for consideration
 of such provisions as fall within the  
jurisdiction of the committee concerned 
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to protect      
employees in the building and           
construction industry who are           
participants in multiemployer plans1 and
 for other purposes4  #a4 ,short title  
,this ,act may be cited as the ,vested  
,employee ,pension ,benefit ,protection 
,act4  #b4 ,minimum age for             
distributions during working retirement 
7a7 ,internal ,revenue ,code of #aihf   

,section #dja7;a77#cf7 of the ,internal 
,revenue ,code of #aihf is amended to   
read as follows3  7#cf7 ,distributions  
during working retirement  7,a7 ,in     
general ,a trust forming part of a      
pension plan shall not be treated as    
failing to constitute a qualified trust 
under this section solely because the   
plan provides that a distribution may be
 made from such trust to an employee who
 has attained age #fb and who is not    
separated from employment at the time of
 such distribution4  7,b7 ,certain      
employees in the building and           
construction industry  7i7 ,in general  
,in order to allow for unique conditions
 of employment in the building and      
construction industry1 subparagraph 7,a7
 shall be applied by substituting age   
#ee for age #fb in the case of a        
multiemployer plan described in section 
#dbjc7;b77#a77;,b77i7 of the ,employee  
,retirement ,income ,security ,act of   
#aigd1 with respect to individuals who  
were participants in such plan on or    

before ,april #cj1 #bjac1 if--  7,i7 the
 trust to which subparagraph 7,a7       
applies was in existence before ,january
 #a1 #aigj1  7,,ii7 before ,december    
#ca1 #bjaa1 at a time when the plan     
provided that distributions may be made 
to an employee who has attained age #ee 
and who is not separated from employment
 at the time of such distribution1 the  
plan received at least #a written       
determination from the ,internal        
,revenue ,service that the trust to     
which subparagraph 7,a7 applies         
constituted a qualified trust under this
 section1 and  7,,iii7 the plan provides
 that the benefit accrued on account of 
service performed after distributions   
begin under subparagraph 7,a7 7as       
modified by subparagraph 7,b7 without   
regard to this subclause7 shall be      
treated and paid as a pension separate  
from the pension earned before such     
distributions begin1 and that payment of
 such separate benefit shall not        
commence until the employee attains the 

plan's normal retirement age4  7ii7     
,suspension of payments if plan in      
endangered or critical status ,clause   
7i7 shall not apply to a multiemployer  
plan during the period for which the    
multiemployer plan is in endangered or  
critical status 7as defined under       
section #dcb7 beginning after the first 
year the plan is in either of such      
statuses and ending with the first plan 
year for which the plan is not in either
 of such statuses4  4  7b7 ,employee    
,retirement ,income ,security ,act of   
#aigd ,section #c7b77;,a7 of ,employee  
,retirement ,income ,security ,act of   
#aigd 7#bi ,u4,s4,c4 #ajjb7b77;,a77 is  
amended by inserting before the period  
at the end the following3 7age #ee in   
the case of a plan to which section     
#dja7;a77#cf77;,b7 of the ,internal     
,revenue ,code of #aihf applies74  7c7  
,effective date ,the amendments made by 
this section shall apply to             
distributions made before1 on1 or after 
the date of the enactment of this ,act4