INCREASE IN PENALTIES FOR COERCIVE INTERFERENCE WITH EXERCISE OF ERISA RIGHTS.

SEC. 623. INCREASE IN PENALTIES FOR COERCIVE INTERFERENCE WITH EXERCISE OF ERISA RIGHTS.(a) In General.—Section 511 of the Employment Retirement Income Security Act of 1974 (29 U.S.C. 1141) is amended—(1) by striking “$10,000” and inserting “$100,000”, and(2) by striking “one year” and inserting “10 years”.(b) Effective Date.—The amendments made by this section shall apply to violations occurring on and after the date of the enactment of this Act.120 STAT. 980