S. 3447 · 112th Congress
Disability Pension Fairness Act
- Stage
- In committee
- Sponsor
- Al Franken
- Introduced
- 2012-07-26
- Latest action
- 2012-07-26 · Introduced in Senate
Summary
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.