Worker-Executive Parity Act of 2009

Summary

Worker-Executive Parity Act of 2009 - Amends the Employee Retirement Income Security Act of 1974 (ERISA), in instances where a single-employer defined benefit pension plan is subject to certain funding-based limits on benefits and benefit accruals under the Pension Protection Act of 2006, to prohibit: (1) the accrual of deferred compensation to a disqualified individual pursuant to a covered deferred executive compensation arrangement during a plan year; and (2) the distribution of accrued deferred compensation to such individual during a plan year when such arrangements are established during or after the one-year period preceding the plan year.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 12 June 2009

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• Introduced in House (PDF)

  Introduced in House · EN · 12 June 2009

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• Introduced in House

  summary · EN · 12 June 2009

  Open at official source

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