Equal Retirement Benefits Act

Summary

Equal Retirement Benefits Act - Makes it unlawful for any employee pension benefit plan which offers benefits in the form of periodic payments based upon the life of the employee to fail to provide equal periodic payments to similarly situated male and female participants. Permits participants of employee benefit plans which offer benefits only in the form of a lump sum to make binding election at the time of retirement to purchase periodic payment annuities, and requires plans to provide lump sum amounts to persons selecting which will enable them to purchase annuities paying equal periodic benefits to similarly situated females and males.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 15 December 1977

   Introduced

   Referred to House Committee on Education and Labor.

   Source: IntroReferral

2. 15 December 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 15 December 1977

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 15 December 1977

  Open at official source

Sponsors

• Rep. Brodhead, William [D-MI-17] · D · Sponsor
• · hsed00 · Standing

Related records

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