A bill to amend section 105(d) of the Internal Revenue Code of 1954 to provide that the excludability from gross income of disability pension payments to an individual shall be continued when such individual reaches statutory retirement age.

[AI summary unavailable — showing source text] Provides, under the Internal Revenue Code, that the excludability from gross income of disability pension payments to an individual shall be continued when said individual reaches statutory retirement age. States that the amendment made under this Act shall apply to pension payments received after December 31, 1974.…