Pension Restoration Act of 1991
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Pension Restoration Act of 1991 - Establishes a Federal annuity program, administered by the Pension Benefit Guaranty Corporation, to compensate participants in private pension plans which were terminated before September 1, 1974, for nonforfeitable pension benefits lost by reason of the termination.
Sets forth provisions for such annuity program, relating to: (1) entitlement; (2) computation; (3) applications; (4) administrative appeals; (5) judicial review; (6) payment; (7) interagency coordination and cooperation; and (8) regulations.
Provides for use of certain funds under the Employee Retirement Income Security Act of 1974 (ERISA) to pay such annuities and the administrative costs of such program.
Referred to the Subcommittee on Labor-Management Relations.
- Introduced in House Formatted Text
Cite this page
U.S. Congress. (2026). H.R. 824: Pension Restoration Act of 1991. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-824/
"H.R. 824: Pension Restoration Act of 1991." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-824/.
H.R. 824, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-824/.
[H.R. 824: Pension Restoration Act of 1991](https://openamerica.io/bill/102-HR-824/)