US SB998 | 2011-2012 | 112th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 13-4)
Status: Introduced on May 12 2011 - 25% progression, died in committee
Action: 2011-05-12 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced in Senate: CR S2956)
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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 (PBGC) , in the case of commercial airline pilots required by Federal Aviation Administration (FAA) 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.

Tracking Information

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Title

Pension Benefit Guaranty Corporation Pilots Equitable Treatment Act

Sponsors


History

DateChamberAction
2011-05-12SenateRead twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced in Senate: CR S2956)
2011-05-12SenateSponsor introductory remarks on measure. (CR S2955-2956)

Same As/Similar To

HB1867 (Related) 2011-09-08 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Subjects


US Congress State Sources


Bill Comments

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