Susan Muffley Act of 2025

Sponsor: Michael R. Turner (Republican-OH)February 13, 2025

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Pensioners from certain terminated plans would get full benefits and back pay.

This bill, called the Susan Muffley Act of 2025, would make sure people from six specific terminated pension plans get their full promised benefits. It would increase monthly payments and provide a lump sum for any past underpayments, plus interest. This means thousands of retirees and their families would see their pension income restored.

What Would Change

Today, people in certain terminated pension plans may receive reduced monthly benefits due to federal limits, and they do not get back pay for these reductions. After this bill, eligible participants and beneficiaries in six specific terminated plans would receive their full earned monthly pension benefits, and they would get a lump-sum payment for past underpayments, plus 6 percent annual interest.

Key Provisions

Increases guaranteed monthly pension benefits for eligible people in six specific terminated plans to their full earned amount.
Requires the Pension Benefit Guaranty Corporation (PBGC) to recalculate past benefits for these eligible individuals.
Provides lump-sum payments for past underpaid benefits, including 6 percent annual interest, within 180 days of the bill becoming law.
Creates a new trust fund, funded by the government, to pay for these increased benefits and lump sums.
Lets taxpayers spread out the income from lump-sum payments over three years, unless they choose otherwise.

View on Congress.gov

HR 1357 · 119th Congress · February 13, 2025 · AI Summary by gemini-2.5-flash · 9/10

Susan Muffley Act of 2025

What Would Change

Key Provisions

Lobbying Activity