,,ii  #aah? ,,congress  #a/ ,session    
,s4 #ccje  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,novemb] #ae1 #bjbc,mr4
 ,cassidy 7= himself & ,mr4 ,ka9e7      
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,heal?1 ,education1 ,labor1 & ,p5sions  
,a ,,bill  ,to am5d ! ,employee         
,retirem5t ,income ,security ,act (     
#aigd & ! ,int]nal ,rev5ue ,code ( #aihf
 ) respect to m9imum p>ticipation /&>ds 
= p5sion plans & qualifi$ tru/s4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,help+ ,"y ,am]icans ,save = ,retirem5t 
,act4  #b4 ,eligibility at age #ah "u   
c]ta9 conditions  7a7 ,,erisa  7#a7 ,age
 #ah ,subp>agraphs 7,a7 & 7,b7 ( section
 #bjb7;c77#a7 ( ! ,employee ,retirem5t  
,income ,security ,act ( #aigd 7#bi     
,u4,s4,c4 #ajeb7;c77#a77 are am5d$ to   
read z foll[s3  7,a7 ! p]iod det]m9$ "u 
subsection 7a77#a7 det]m9$-- 7i7 )\t    
reg>d to subp>agraph 7,b77i7 !re(2 &    
7ii7 by sub/itut+ #ah = #ba 9           
subp>agraph 7,a77i7 !re(2 or  7,b7 !    

fir/ #bd-mon? p]iod-- 7i7 consi/+ ( #b  
consecutive #ab-mon? p]iods dur+ ea* (  
:i* ! employee has at lea/ #ejj h\rs (  
s]vice2 &  7ii7 by ! close ( :i* !      
employee has met ! requirem5t (         
subsection 7a77#a77;,a77i7 7)\t reg>d to
 subp>agraph 7,a77ii7 ( ?is p>agraph74  
4  7#b7 ,con=m+ am5dm5ts ,section       
#bjb7;c7 ( su* ,act 7#bi ,u4,s4,c4      
#ajeb7;c77 is am5d$-- 7,a7 9 !          
subsection head+-- 7i7 by /rik+ ,special
 rule & ins]t+ ,special rules2 &  7ii7  
by add+ & c]ta9 y\ng] employees aft]    
employees2 &  7,b7 9 p>agraph 7#c7-- 7i7
 by /rik+ ,p>agraph 7#a77;,b7 & ins]t+  
,p>agraph 7#a71 &  7ii7 by /rik+ section
 #dja7k77#b77;,d77ii7 & ins]t+ section  
#dja7k77#b77;,d74  7#c7 ,op9ion (       
indep5d5t qualifi$ public acc\ntant     
,section #ajd7;a77#b7 ( su* ,act 7#bi   
,u4,s4,c4 #ajbd7;a77#b77 is am5d$ by    
add+ at ! end ! foll[+3  7,c7 ,=        
purposes ( ?is p>agraph & ! la/ s5t5ce (
 section #ajc7;a77#c77;,a71 ) respect to
 a p5sion plan 9 :i* at lea/ "o employee

 p>ticipates solely by reason ( section 
#bjb7;c77#a77;,a71 no employee          
p>ticipat+ 9 su* plan solely by reason (
 section #bjb7;c77#a77;,a7 %all be      
treat$ z a p>ticipant until ! date t is 
#e ye>s aft] ! date on :i* ! fir/ su*   
employee fir/ becomes a p>ticipant 9 su*
 plan4  4  7b7 ,int]nal ,rev5ue ,code ( 
#aihf  7#a7 ,age #ah ,clauses 7i7 & 7ii7
 ( section #dja7k77#b77;,d7 ( ! ,int]nal
 ,rev5ue ,code ( #aihf are am5d$ to read
 z foll[s3  7i7 ! p]iod p]mitt$ "u      
section #daj7;a77#a71 det]m9$-- 7,i7 )\t
 reg>d to subp>agraph 7,b77i7 !re(1 &   
7,,ii7 by sub/itut+ #ah = #ba 9         
subp>agraph 7,a77i7 !re(1 or  7ii7      
subject to ! provisions ( p>agraph      
7#ae71 ! fir/ ( #b consecutive #ab-mon? 
p]iods dur+ ea* ( :i* ! employee has at 
lea/ #ejj h\rs ( s]vice1 provid$ t !    
employee has satisfi$ ! requirem5ts (   
section #daj7;a77#a77;,a77i7 7)\t reg>d 
to clause 7i77,,ii7 ( ?is subp>agraph74 
4  7#b7 ,con=m+ am5dm5ts ,! ,int]nal    
,rev5ue ,code ( #aihf is am5d$-- 7,a7 9 

section #dja7k77#ae7-- 7i7 9 ! p>agraph 
head+1 by add+ & c]ta9 y\ng] work]s aft]
 work]s2 &  7ii7 9 subp>agraph 7,b7--   
7,i7 9 clauses 7i7 & 7ii71 by /rik+     
7#b77;,d77ii7 ea* place x appe>s &      
ins]t+ 7#b77;,d72  7,,ii7 9 clause 7i71 
by /rik+ #bjb7;c77#a77;,b7 & ins]t+     
#bjb7;c77#a72 &  7,,iii7 9 clause 7iv71 
/rik+ p>agraph 7#b77;,d77ii7 & ins]t+   
clauses 7i77,,ii7 & 7ii7 ( p>agraph     
7#b77;,d72 &  7,b7 9 section            
#djc7;b77#ab7-- 7i7 9 subp>agraph 7,a71 
by /rik+ section #bjb7;c7 & ins]t+      
section #bjb7;c77#a77;,b72 &  7ii7 9    
subp>agraph 7,d7-- 7,i7 9 ! subp>agraph 
head+1 by ins]t+ & c]ta9 y\ng] employees
 aft] employees2 &  7,,ii7 9 clause 7i71
 by /rik+ #bjb7;c77#a77;,b7 & add+      
#bjb7;c77#a74  7c7 ,effective date ,!   
am5dm5ts made by ?is section %all apply 
to plan ye>s beg9n+ aft] ,decemb] #ca1  
#bjbe4