Airline Pilot Pension Fairness Act

House Bill 5819 - Airline Pilot Pension Fairness Act: Overview, Status, and Impact

Hozzl · 2022-02-09T03:56:52Z

Explore the details of House Bill 5819 Airline Pilot Pension Fairness Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Labor and Employment. Stay informed on legislative developments.

2/9/2022, 3:56 AM

Congressional Summary of HR 5819

Airline Pilot Pension Fairness Act

This bill prohibits a reduction in the value of pension benefits guaranteed by the Pension Benefit Guaranty Corporation for commercial airline pilots if they are required to retire before age 65 under federal aviation rules.

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Current Status of Bill HR 5819

Bill HR 5819 is currently in the status of Bill Introduced since February 7, 2020. Bill HR 5819 was introduced during Congress 116 and was introduced to the House on February 7, 2020. Bill HR 5819's most recent activity was Referred to the House Committee on Education and Labor. as of February 7, 2020

Bipartisan Support of Bill HR 5819

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 5819

Primary Policy Focus

Labor and Employment

Potential Impact Areas

- Aviation and airports

- Employee benefits and pensions

- Transportation employees

Alternate Title(s) of Bill HR 5819

Airline Pilot Pension Fairness Act

To amend title IV of the Employee Retirement Income Security Act of 1974 to require the Pension Benefit Guaranty Corporation, in the case of airline pilots who are required by regulation to retire at age 60, to compute the actuarial value of monthly benefits in the form of a life annuity commencing at age 60.

Airline Pilot Pension Fairness Act