A bill entitled: "Public Pension Parity Act of 1986".

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income amounts received under a Government pension that are not attributable to services covered under the social security system. Limits such exclusion to the maximum individual social security benefit, one and one-half times such amount for joint returns, or three-fourths of such amount for married individuals filing separately.…