S. 1631, the "Keep Our Pension Promises Act."

S. 1631, the "Keep Our Pension Promises Act."

To amend the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code of 1986 to modify certain provisions relating to multiemployer pensions, and for other purposes. (Sect. 5 of bill amends §507 to make ERISA withdrawal liability a priority claim ahead of administrative expenses.)