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S 998 112th Congress Senate Labor and Employment Aviation and airports Employee benefits and pensions Transportation employees

Pension Benefit Guaranty Corporation Pilots Equitable Treatment Act

Introduced: May 12, 2011 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 12, 2011
Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced in Senate: CR S2956)
May 12, 2011
Sponsor introductory remarks on measure. (CR S2955-2956)
May 12, 2011
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now May 12, 2011

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced in Senate: CR S2956)

 Committees of jurisdiction 1