S 2875 · 107th Congress · Labor and Employment

A bill to amend the Employee Retirement Income Security Act of 1974 to increase the maximum levels of guaranteed single-employer plan benefits, and for other purposes.

Introduced 2002-08-01· Sponsored by Sen. Wellstone, Paul D. [D-MN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.(2002-08-01)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise requirements for single-employer plans to: (1) increase the maximum level of guaranteed benefits; (2) require that certain supplemental benefits not be treated as non-basic benefits; and (3) index maximum guaranteed benefits under plans or amendments not in effect for 60 months.…

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

Cosponsors (2)

2 Democrats