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.