Page:United States Statutes at Large Volume 100 Part 1.djvu/311

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PUBLIC LAW 99-000—MMMM. DD, 1986

PUBLIC LAW 99-272—APR. 7, 1986

100 STAT. 275

(14) RELEASE OF LIEN.—Section 4068(e) (29 U.S.C. 1368(e)) is amended by striking out ", with the consent of the board of directors,". (d) STUDIES BY COMPTROLLER GENERAL.—

(1) IN GENERAL.—The Comptroller General of the United States may, pursuant to the request of any Member of Congress, study employee benefit plans, including the effects of such plans on employees, participants, and their beneficiaries. (2) ACCESS TO BOOKS, DOCUMENTS, ETC.—For the

29 USC 1143a. Congress.

purpose of

conducting studies under this subsection, the Comptroller General, or any of his duly authorized representatives, shall have access to and the right to examine and copy any books, documents, papers, records, or other recorded information— (A) within the possession or control of the administrator, sponsor, or employer of and persons providing services to any employee benefit plan, and (B) which the Comptroller General or his representative finds, in his own judgment, pertinent to such study. The Comptroller General shall not disclose the identity of any individual or employer in making any information obtained under this subsection available to the public. (3) DEFINITIONS.—For purposes of this subsection, the terms "employee benefit plan", "participant", "administrator", "beneficiary', "plan sponsor", "employee", and "employer" are defined in section 3 of the Employee Retirement Income Security Act of 1974. (4) EFFECTIVE DATE.—The preceding provisions of this subsection shall be effective on the date of the enactment of this Act. (e) AMENDMENTS TO THE TABLE OF CONTENTS OF ERISA.—The table of contents in section 1 is amended— (1) by striking out the item relating to section 4004; (2) by striking out the item relating to section 4042 and inserting in lieu thereof the following new item: "Sec. 4042. Institution of termination proceedings by the corporation.";

(3) by inserting after the item relating to section 4048 the following new item: "Sec. 4049. Distribution to participants and beneficiaries of liability payments to section 4049 trust.";

and (4) by striking out the items relating to subtitle D of title IV and inserting in lieu thereof the following new items: "Subtitle D—Liability "Sec. 4061. Amounts payable by the corporation. "Sec. 4062. Liability for termination of single-employer plans under a distress termination or a termination by the corporation. "Sec. 4063. Liability of substantial employer for withdrawal from single-employer plans under multiple controlled groups. "Sec. 4064. Liability on termination of single-employer plans under multiple controlled groups. "Sec. 4065. Annual report of plan administrator. "Sec. 4066. Annual notification of substantial employers. "Sec. 4067. Recovery of liability for plan termination. "Sec. 4068. Lien for liability. "Sec. 4069. Treatment of transactions to evade liability; effect of corporate reorganization. "Sec. 4070. Enforcement authority relating to terminations of single-employer plans.".

Classified information.

29 USC 1002. 29 USC 1143a note.