H.R. 4143 · 112th Congress
Extension of Section 420 and Retiree Life Insurance Act of 2012
- Stage
- In committee
- Sponsor
- Pat Tiberi
- Introduced
- 2012-03-05
- Latest action
- 2012-03-29 · Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Summary
Extension of Section 420 and Retiree Life Insurance Act of 2012 - Amends the Internal Revenue Code to: (1) extend through 2021 the authority for transfers of excess pension assets of a defined benefit plan to a retiree health benefits account, and (2) allow the transfer of excess pension assets of a defined benefit plan to a retiree group term life insurance account.