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S 991 109th Congress Senate Labor and Employment Administrative procedure Bankruptcy Civil actions and liability Commerce Corporate reorganizations Defined benefit pension plans Department of Labor Employee rights Executive compensation Finance and Financial Sector Government Operations and Politics Injunctions Law Pension funds Pension trust guaranty insurance Standards Tax-deferred compensation plans Taxation Trusts and trustees

Pension Fairness and Full Disclosure Act of 2005

Introduced: May 10, 2005 See on congress.gov
This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 10, 2005
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
May 10, 2005
Sponsor introductory remarks on measure. (CR S4876)
May 10, 2005
Introduced in Senate
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 Plain-English summary Congressional Research Service

Pension Fairness and Full Disclosure Act of 2005 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to establish a termination fairness standard that limits availability of benefits under an employer's nonqualified deferred compensation plans if such employer's defined benefit pension plan is subjected to: (1) a termination based on bankruptcy reorganization; or (2) a conversion to a cash balance plan.

Prohibits funding nonqualified deferred compensation plans while maintaining underfunded defined benefit plans.

Imposes penalties on funding nonqualified deferred compensation plans: (1) in the event of a pension plan termination based on bankruptcy reorganization or of a conversion to a cash balance plan; or (2) while maintaining underfunded defined benefit plans.

Requires disclosure with respect to nonqualified deferred compensation plans.

What's happening now May 10, 2005

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 991: Pension Fairness and Full Disclosure Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-S-991/
MLA
"S. 991: Pension Fairness and Full Disclosure Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-S-991/.
Bluebook (legal)
S. 991, 109th Cong. (2026), https://openamerica.io/bill/109-S-991/.
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[S. 991: Pension Fairness and Full Disclosure Act of 2005](https://openamerica.io/bill/109-S-991/)
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