S 685 · 109th Congress · Labor and Employment
Pension Benefit Guaranty Corporation Pilots Equitable Treatment Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: 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
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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