SINGLE EMPLOYER PLAN ANNUAL PREMIUM RATES.

SEC. 501. SINGLE EMPLOYER PLAN ANNUAL PREMIUM RATES. (a) Flat-Rate Premium.— (1) In General.—Section 4006(a)(3)(A)(i) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1306(a)(3)(A)(i)) is amended by striking “and” at the end of subclause (IV), by striking the period at the end of subclause (V) and inserting a semicolon, and by inserting after subclause (V) the following: “(VI) for plan years beginning after December 31, 2016, and before January 1, 2018, $69; “(VII) for plan years beginning after December 31, 2017, and before January 1, 2019, $74; and “(VIII) for plan years beginning after December 31, 2018, $80.” . (2) Premium rates after 2019.—Section 4006(a)(3)(G) of such Act (29 U.S.C. 1306(a)(3)(G)) is amended— (A) in the matter preceding clause (i), by striking “2016” and inserting “2019”; and (B) in clause (i)(II) by striking “2014” and inserting “2017”. (b) Variable-Rate Premium Increases.— (1) In general.—Section 4006(a)(8)(C) of such Act (29 U.S.C. 1306(a)(8)(C)) is amended— (A) in the subparagraph heading, by striking “increase in 2014 and 2015” and inserting “increases”; (B) in clause (ii), by striking “and” at the end; (C) in clause (iii), by striking the period at the end and inserting a semicolon; and (D) by adding at the end the following: “(iv) in the case of plan years beginning in calendar year 2017, by $3; “(v) in the case of plan years beginning in calendar year 2018, by $4; and “(vi) in the case of plan years beginning in calendar year 2019, by $4.” . (2) Conforming Amendments.—Section 4006(a)(8) of such Act (29 U.S.C. 1306(a)(8)) is amended— (A) in subparagraph (A)— (i) in clause (iii), by striking “and” at the end; (ii) in clause (iv), by striking the period at the end and inserting a semicolon; and (iii) by adding at the end the following: “(v) for plan years beginning after calendar year 2017, the amount in effect for plan years beginning in 2017 (determined after application of subparagraph (C)); “(vi) for plan years beginning after calendar year 2018, the amount in effect for plan years beginning in 2018 (determined after application of subparagraph (C)); and “(vii) for plan years beginning after calendar year 2019, the amount in effect for plan years beginning in 2019 (determined after application of subparagraph (C)).” ; and (B) in subparagraph (D)— (i) in clause (iii), by striking “and” at the end; (ii) in clause (iv), by striking the period at the end and inserting a semicolon; and (iii) by adding at the end the following: “(v) 2015, in the case of plan years beginning after calendar year 2017; “(vi) 2016, in the case of plan years beginning after calendar year 2018; and “(vii) 2017, in the case of plan years beginning after calendar year 2019.” . (3) [29 U.S.C. 1306 note] Effective Date.—The amendments made by this section shall apply to plan years beginning after December 31, 2016.