,,ii  #aaith ,,congress  #ast ,session  
,s4 #agjg  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #ab1      
#bjbe,mr4 ,cassidy 7for himself and ,mr4
 ,kaine7 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 minimum participation        
standards for pension plans and         
qualified trusts4  #a4 ,short title     
,this ,act may be cited as the ,helping 
,young ,americans ,save for ,retirement 
,act4  #b4 ,eligibility at age #ah under
 certain conditions  7a7 ,,erisa  7#a7  
,age #ah ,subparagraphs 7,a7 and 7,b7 of
 section #bjb7;c77#a7 of the ,employee  
,retirement ,income ,security ,act of   
#aigd 7#bi ,u4,s4,c4 #ajeb7;c77#a77 are 
amended to read as follows3  7,a7 the   
period permitted under subsection       
7a77#a71 determined-- 7i7 without regard

 to subparagraph 7,b77i7 thereof2 and   
7ii7 by substituting #ah for #ba in     
subparagraph 7,a77i7 thereof2 or  7,b7  
the first #bd-month period-- 7i7        
consisting of #b consecutive #ab-month  
periods during each of which the        
employee has at least #ejj hours of     
service2 and  7ii7 by the close of which
 the employee has met the requirement of
 subsection 7a77#a77;,a77i7 7without    
regard to subparagraph 7,a77ii7 of this 
paragraph74  4  7#b7 ,conforming        
amendments ,section #bjb7;c7 of such    
,act 7#bi ,u4,s4,c4 #ajeb7;c77 is       
amended-- 7,a7 in the subsection        
heading-- 7i7 by striking ,special rule 
and inserting ,special rules2 and  7ii7 
by adding and certain younger employees 
after employees2 and  7,b7 in paragraph 
7#c7-- 7i7 by striking paragraph        
7#a77;,b7 and inserting paragraph 7#a72 
and  7ii7 by striking section           
#dja7k77#b77;,d77ii7 and inserting      
section #dja7k77#b77;,d74  7#c7 ,opinion
 of independent qualified public        

accountant ,section #ajd7;a77#b7 of such
 ,act 7#bi ,u4,s4,c4 #ajbd7;a77#b77 is  
amended by adding at the end the        
following3  7,c7 ,for purposes of       
subparagraph 7,a7 and the last sentence 
of section #ajc7;a77#c77;,a71 with      
respect to a pension plan in which at   
least one employee participates solely  
by reason of section #bjb7;c77#a77;,a71 
no employee participating in such plan  
solely by reason of section             
#bjb7;c77#a77;,a7 shall be counted as a 
participant until the date that is #e   
years after the date on which the first 
such employee first becomes a           
participant in such plan4  4  7b7       
,internal ,revenue ,code of #aihf  7#a7 
,age #ah ,clauses 7i7 and 7ii7 of       
section #dja7k77#b77;,d7 of the         
,internal ,revenue ,code of #aihf are   
amended to read as follows3  7i7 the    
period permitted under section          
#daj7;a77#a71 determined-- 7,i7 without 
regard to subparagraph 7,b77i7 thereof1 
and  7,,ii7 by substituting #ah for #ba 

in subparagraph 7,a77i7 thereof1 or     
7ii7 subject to the provisions of       
paragraph 7#ae71 the first of #b        
consecutive #ab-month periods during    
each of which the employee has at least 
#ejj hours of service1 provided that the
 employee has satisfied the requirements
 of section #daj7;a77#a77;,a77i7        
7without regard to clause 7i77,,ii7 of  
this subparagraph74  4  7#b7 ,conforming
 amendments ,the ,internal ,revenue     
,code of #aihf is amended-- 7,a7 in     
section #dja7k77#ae7-- 7i7 in the       
paragraph heading1 by adding and certain
 younger workers after workers2 and     
7ii7 in subparagraph 7,b7-- 7,i7 in     
clauses 7i7 and 7ii71 by striking       
7#b77;,d77ii7 each place it appears and 
inserting 7#b77;,d72  7,,ii7 in clause  
7i71 by striking #bjb7;c77#a77;,b7 and  
inserting #bjb7;c77#a72 and  7,,iii7 in 
clause 7iv71 striking paragraph         
7#b77;,d77ii7 and inserting clauses     
7i77,,ii7 and 7ii7 of paragraph         
7#b77;,d72 and  7,b7 in section         

#djc7;b77#ab7-- 7i7 in subparagraph     
7,a71 by striking section #bjb7;c7 and  
inserting section #bjb7;c77#a77;,b72 and
  7ii7 in subparagraph 7,d7-- 7,i7 in   
the subparagraph heading1 by inserting  
and certain younger employees after     
employees2 and  7,,ii7 in clause 7i71 by
 striking #bjb7;c77#a77;,b7 and adding  
#bjb7;c77#a74  7c7 ,application ,the    
amendments made by this section shall   
apply to plan years beginning on or     
after the date that is #a year after the
 date of enactment of this ,act4