29 U.S.C. § 1222 — Duties

FEDERAL · 29 U.S.C.

Duties

Current through Pub. L. 119-102

Title 29 — Labor·Subtitle B·Pt. part 1—joint pension, profit-sharing, and employee stock ownership plan task force

(a)The Joint Pension, Profit-Sharing, and Employee Stock Ownership Plan Task Force shall, within 24 months after September 2, 1974, make a full study and review of—

(1)the effect of the requirements of section 411 of title 26 and of section 1053 of this title to determine the extent of discrimination, if any, among employees in various age groups resulting from the application of such requirements;

(2)means of providing for the portability of pension rights among different pension plans;

(3)the appropriate treatment under subchapter III of this chapter (relating to termination insurance) of plans established and maintained by small employers;

(4)the broadening of stock ownership, particularly with regard to employee stock ownership plans (as defined in section 4975(e)(7) of title 26 a

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The Joint Pension, Profit-Sharing, and Employee Stock Ownership Plan Task Force shall, within 24 months after September 2, 1974, make a full study and review of—
(1) the effect of the requirements of section 411 of title 26 and of section 1053 of this title to determine the extent of discrimination, if any, among employees in various age groups resulting from the application of such requirements;
(2) means of providing for the portability of pension rights among different pension plans;
(3) the appropriate treatment under subchapter III of this chapter (relating to termination insurance) of plans established and maintained by small employers;
(4) the broadening of stock ownership, particularly with regard to employee stock ownership plans (as defined in section 4975(e)(7) of title 26 and section 1107(d)(6) of this title) and all other alternative methods for broadening stock ownership to the American labor force and others;
(5) the effects and desirability of the Federal preemption of State and local law with respect to matters relating to pension and similar plans; and
(6) such other matter as any of the committees referred to in section 1221 of this title may refer to it.
(b) The Joint Pension, Profit-Sharing, and Employee Stock Ownership Plan Task Force shall report the results of its study and review to each of the committees referred to in section 1221 of this title.

29 U.S.C. § 1222 (Duties) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

25 Fair empl.prac.cas. 1193, 26 Empl. Prac. Dec. P 31,831, 2 Employee Benefits Ca 1336 Delta Air Lines, Inc., Allegheny Airlines, Inc., National Airlines, Inc., Piedmont Aviation, Inc., Braniff Airways, Inc., North Central Airlines, Inc., Southern Airways, Inc., Eastern Air Lines, Inc., Northwest Airlines, Inc., Trans World Airlines, Inc., Ozark Air Lines, Inc., American Airlines, Inc., Pan American World Airways, Inc., and United Air Lines, Inc., Plaintiffs-Appellees- Cross-Appellants v. Werner H. Kramarsky, Individually and in His Capacity as Commissioner of the New York State Division of Human Rights Ann Thacher Anderson, Individually and in Her Capacity as General Counsel of the New York State Division of Human Rights the New York State Division of Human Rights, an Agency of the Executive Department of the State of New York Arthur Cooperman, Individually and in His Capacity as Chairman of the New York State Workmen's Compensation Board and the New York State Workmen's Compensation Board, Defendants-Appellants-Cross-Appellees

650 F.2d 1287 (Second Circuit, 1981)

2 case citations

Northern Group Services, Inc. v. Auto Owners Insurance

833 F.2d 85 (Sixth Circuit, 1987)

2 case citations

Source Credit

History

(Pub. L. 93–406, title III, §3022, Sept. 2, 1974, 88 Stat. 999; Pub. L. 94–455, title VIII, §803(i)(1), (2)(A)(iii), Oct. 4, 1976, 90 Stat. 1590, 1591; Pub. L. 101–239, title VII, §7891(a)(1), Dec. 19, 1989, 103 Stat. 2445.)

Editorial Notes

Editorial Notes

Amendments
1989—Subsec. (a)(1), (4). Pub. L. 101–239 substituted "Internal Revenue Code of 1986" for "Internal Revenue Code of 1954", which for purposes of codification was translated as "title 26" thus requiring no change in text.
1976—Subsec. (a). Pub. L. 94–455, §803(i)(1), (2)(A)(iii), substituted "Joint Pension, Profit-Sharing, and Employee Stock Ownership Plan Task Force" for "Joint Pension Task Force" in provision preceding par. (1), redesignated pars. (4) and (5) as (5) and (6), respectively, and added par. (4).
Subsec. (b). Pub. L. 94–455, §803(i)(2)(A)(iii), substituted "Joint Pension, Profit-Sharing, and Employee Stock Ownership Plan Task Force" for "Joint Pension Task Force".

Statutory Notes and Related Subsidiaries

Effective Date of 1989 Amendment
Amendment by Pub. L. 101–239 effective, except as otherwise provided, as if included in the provision of the Tax Reform Act of 1986, Pub. L. 99–514, to which such amendment relates, see section 7891(f) of Pub. L. 101–239, set out as a note under section 1002 of this title.