HR 1660 · 100th Congress · Labor and Employment

Retirement Health Plan Act of 1987

Introduced 1987-03-17· Sponsored by Rep. Rowland, John G. [R-CT-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Labor-Management Relations.(1987-03-30)

Plain Language Summary

[AI summary unavailable — showing source text] Retirement Health Plan Act of 1987 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code to provide protection for private retirement health plan benefits. Title I: Reporting and Disclosure Requirements for Retirement Health Plans - Makes specified ERISA disclosure and reporting requirements applicable to retirement health plans. Requires with respect to retirement health plans that: (1) all provisions of the plan be in writing; (2) the rights of participants and beneficiaries under such plan be legally enforceable; and (3) such plan be established with the intention of being maintained for an indefinite period of time. Applies certain pension plan annual reporting requirements to retirement health plans. Makes the exemption from certain reporting and disclosure requirements of employee welfare benefit plans unavailable in the case of retirement health plans. Requires reporting of participant's benefit rights on request in the case of retirement health plans. Allows alternative methods of compliance with disclosure and reporting requirements for retirement health plans. Title II: Vesting Requirements - Sets forth minimum vesting standard…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (14)

10 Democrats4 Republicans