HR 1867

112th CONGRESS
1st Session

H. R. 1867

To amend title IV of the Employee Retirement Income Security Act of 1974 to require the Pension Benefit Guaranty Corporation, in the case of airline pilots who are required by regulation to retire at age 60, to compute the actuarial value of monthly benefits in the form of a life annuity commencing at age 60.

IN THE HOUSE OF REPRESENTATIVES

May 12, 2011

Mr. GEORGE MILLER of California (for himself, Mr. KILDEE, Ms. HIRONO, Mr. GRIJALVA, and Mr. LOEBSACK) introduced the following bill; which was referred to the Committee on Education and the Workforce


A BILL

To amend title IV of the Employee Retirement Income Security Act of 1974 to require the Pension Benefit Guaranty Corporation, in the case of airline pilots who are required by regulation to retire at age 60, to compute the actuarial value of monthly benefits in the form of a life annuity commencing at age 60.

SECTION 1. SHORT TITLE.

SEC. 2. AGE REQUIREMENT FOR EMPLOYEES.

SEC. 3. EFFECTIVE DATE.

END