A bill to amend the Employee Retirement Income Security Act of 1974 to increase the maximum levels of guaranteed single-employer plan benefits, and for other purposes.
Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise requirements for single-employer plans to: (1) increase the maximum level of guaranteed benefits; (2) require that certain supplemental benefits not be treated as non-basic benefits; and (3) index maximum guaranteed benefits under plans or amendments not in effect for 60 months.
Actions
Aug 1, 2002
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Aug 1, 2002
Sponsor introductory remarks on measure. (CR S7940-7941)