TERMINATION OF VARIABLE RATE PREMIUM INDEXING.

SEC. 349. TERMINATION OF VARIABLE RATE PREMIUM INDEXING.(a) In General.—Paragraph (8) of 4006(a) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1306(a)) is amended by—(1) in subparagraph (A)—(A) in clause (vi), by striking “and”; (B) in clause (vii), by striking the period at the end and inserting “; and”; and (C) by adding at the end the following:“(viii) for plan years beginning after calendar year 2023, $52.” ; (2) in subparagraph (B), in the matter preceding clause (i), by inserting “and before 2024” after “2012” ; and136 STAT. 5386 (3) in subparagraph (D)(vii), by inserting “and before 2024” after “2019”. (b) Technical Amendment.—Clause (i) of section 4006(a)(3)(E) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1306(a)(3)(E)) is amended by striking “subparagraph (H)” and inserting “subparagraph (I)”. (c) Effective Date.—The amendments made by this section shall take effect on the date of the enactment of this Act.