S 685 · 109th Congress · Labor and Employment

Pension Benefit Guaranty Corporation Pilots Equitable Treatment Act

Introduced 2005-03-17· Sponsored by Sen. Akaka, Daniel K. [D-HI]· 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. (text of measure as introduced: CR S3066)(2005-03-17)

Plain Language Summary

[AI summary unavailable — showing source text] Pension Benefit Guaranty Corporation Pilots Equitable Treatment Act - Amends the Employee Retirement Income Security Act of 1974 (ERISA), with regard to both single-employer and multiemployer plan guaranteed benefits, to require the Pension Benefit Guaranty Corporation, in the case of commercial airline pilots required by Federal Aviation Administration regulation to retire before age 65, to compute the actuarial value of monthly benefits in the form of a life annuity commencing at the required retirement age.…

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

Cosponsors (7)

6 Democrats1 Republican