A bill to amend title I of the Employee Retirement Income Security Act of 1974, and the Internal Revenue Code of 1954 to prohibit the reduction of disability payments under employer-maintained disability compensation plans whenever certain social security benefit payments are increased.

Summary

Amends the Employee Retirement Income Security Act to forbid any reduction in the benefits under any employee welfare benefits plan by reason of any increase in the old-age, survivors, and disability insurance or railroad retirement benefits its beneficiaries become entitled to, unless the plan is a church, governmental, workmen's compensation or other plan not covered by the Act. Amends the Internal Revenue Code to disallow any deduction by an employer for amounts paid into an employee disability plan if the benefits being paid to an employee are reduced by reason of any increase in his OASDI benefits.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 14 January 1977

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.