A bill to require private pension plans to provide survivor annuity benefits, based upon the participant's vested benefit, in the case of participants who die before the earliest retirement age under the plan.

[AI summary unavailable — showing source text] Amends the Employees Retirement Income Security Act of 1974 and the Internal Revenue Code of 1954 to provide that, in order for a pension plan to provide annuity benefits in a form having the effect of a qualified joint and survivor annuity, such plan must, if the participant dies before the earliest retirement age, provide a survivor's annuity for the spouse which: (1) begins on the annuity starting date; and (2) makes payments not less than those which would have been made if the participant had separated from the service immediately before such person's death.…