Bills · S 1950
IN COMMITTEE· 119TH CONGRESS
Senate BillS 1950Labor and Employment
Susan Muffley Act of 2025
INTRO JUN 4· LAST ACTION JUN 4
READING
7MIN
COSPONSORS
11BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it directly addresses the financial hardship faced by a specific group of retirees whose pensions were significantly reduced after their companies' plans failed. For these individuals, it could mean a substantial restoration of their lost retirement income, providing greater financial security in their later years. Without this bill, these retirees would continue to receive their current, reduced benefits.
The bill also highlights broader concerns about pension security and the limits of government-backed pension guarantees. While it offers a remedy for a specific situation, it could set a precedent for how the government responds to similar pension crises in the future, impacting discussions about retirement policy and the role of federal intervention in private pension plans.
KEY PROVISIONS
4AI-extractedPROVISION 01
Increases guaranteed monthly pension benefits for eligible participants and beneficiaries of six specific terminated plans to their 'full vested plan benefit.'
This is the core change, ensuring affected retirees receive a higher percentage of their earned pension than current PBGC limits typically allow.
PROVISION 02
Requires the Pension Benefit Guaranty Corporation (PBGC) to recalculate past benefits and make a lump-sum payment for any underpayments, including 6% annual interest.
This retroactively compensates retirees for money they should have received, addressing past financial losses and providing immediate financial relief.
PROVISION 03
Establishes a new 'Delphi Full Vested Plan Benefit Trust Fund' in the Treasury to fund these increased benefits and associated administrative costs.
This creates a dedicated financial mechanism for paying the expanded benefits, ensuring the funds are available without directly depleting the PBGC's existing insurance fund.
PROVISION 04
Specifically names the Delphi Hourly-Rate Employees Pension Plan and five other plans as the 'covered plans' eligible for these benefit increases.
This provision clearly defines the scope of the bill, identifying exactly which groups of retirees will benefit.
SPONSORSHIP
1 + 11
R· Ohio
YRS IN OFFICE
1
BILLS LED
55
COSPONSOR BREAKDOWNBIPARTISAN · 72%
DEM 7 REP 4 IND 0
ACTION TIMELINE
2 EVENTSJUN 4
Introduced in Senate
JUN 4
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
BILL INFO
TypeSenate Bill
NumberS 1950
Congress119th
StatusIn Committee
IntroducedJun 4, 2025
Last actionJun 4, 2025
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IN COMMITTEE· 119TH CONGRESS · HEALTH, EDUCATION, LABOR, AND PENSIONS COMMITTEE · INTRODUCED JUN 4, 2025
Senate BillS 1950Labor and Employment
Susan Muffley Act of 2025
INTRODUCED JUN 4, 2025· LAST ACTION JUN 4, 2025
PASSAGE CHANCES
—%
READING
7 min
COSPONSORS
11
COMPLEXITY
Moderate
