S.3447 - Disability Pension Fairness Act112th Congress (2011-2012)
|Sponsor:||Sen. Franken, Al [D-MN] (Introduced 07/26/2012)|
|Committees:||Senate - Health, Education, Labor, and Pensions|
|Latest Action:||07/26/2012 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (All Actions)|
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- Labor and Employment
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Summary: S.3447 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in Senate (07/26/2012)
Disability Pension Fairness Act - Amends the Employee Retirement Income Act of 1974 (ERISA), with respect to single-employer plan guaranteed benefits, to revise the prohibition against reduction of the maximum monthly disability benefit payable to a plan participant solely on account of his or her age in the case of a benefit payable by reason of a disability that occurs on or before termination of the plan.
Extends this prohibition with respect to a disability occuring after plan termination as well, without regard to whether the disability was or would have been covered under the terms of the plan.