Pension Restoration Act of 1990

Summary

Pension Restoration Act of 1990 - Establishes a Federal annuity program, administered by the Pension Benefit Guaranty Corporation, to compensate participants in 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. Amends the Employee Retirement Income Security Act of 1974 to provide for use of certain funds to pay such annuities and the administrative costs of such program.

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2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 17 September 1990

  Open at official source

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