Pension Restoration Act of 1993

Summary

Pension Restoration Act of 1993 - Establishes a Federal annuity program, administered by the Pension Benefit Guaranty Corporation, to compensate participants in private pension plans which were terminated before September 1, 1974, for nonforfeitable pension benefits lost by reason of the termination. Sets forth provisions for such annuity program, relating to: (1) entitlement; (2) computation; (3) applications; (4) administrative appeals; (5) judicial review; (6) payment; (7) interagency coordination and cooperation; and (8) regulations. Provides for use of certain funds under the Employee Retirement Income Security Act of 1974 (ERISA) to pay such annuities and the administrative costs of such program.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 November 1993

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• Introduced in House (PDF)

  Introduced in House · EN · 9 November 1993

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• Introduced in House

  summary · EN · 9 November 1993

  Open at official source

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