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The law › Title 29, Labor › Chapter 18

29 U.S.C. 1322: Single-employer plan benefits guaranteed

Created in 1974 by Public Law 93-406. Changed by 6 later laws. No bill we track in this Congress changes it.

12 other sections of the Code cite this one, including 29 U.S.C. 1056, 29 U.S.C. 1301, 29 U.S.C. 1305, 29 U.S.C. 1306, 29 U.S.C. 1322a.

1 part of federal rules cite it as their authority, written by Pension Benefit Guaranty Corporation (1).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2006

    • Pub. L. 109–280, §407(a), amended par. (5) generally. Prior to amendment, par. (5) related to the amount of benefits guaranteed under this section in the case of a participant in a plan who was covered by the plan as a substantial owner. (Pension Protection Act of 2006) Law text · (b)
    • Pub. L. 109–280, §403(a), added par. (8). (Pension Protection Act of 2006) Law text · (b)
    • Pub. L. 109–280, §408(b)(1), amended subpar. (A) generally. Prior to amendment, subpar. (A) read as follows: "Except as provided in subparagraph (C), for purposes of this subsection, the term 'recovery ratio' means the average ratio, with respect to prior plan terminations descri… (Pension Protection Act of 2006) Law text · (c)
    • Pub. L. 109–280, §408(a), amended cl. (ii) generally. Prior to amendment, cl. (ii) read as follows: "notices of intent to terminate were provided after December 17, 1987, and during the 5-Federal fiscal year period ending with the fiscal year preceding the fiscal year in whic… (Pension Protection Act of 2006) Law text · (c)
    • Pub. L. 109–280, §404(a), which directed amendment of this section, as amended by Pub. L. 109–280, by adding subsec. (g) at the end, was executed by adding subsec. (g) after subsec. (f) and before subsec. (h) to reflect the probable intent of Congress. (Pension Protection Act of 2006) Law text · (g)
    • Pub. L. 109–280, §402(g)(2)(A), added subsec. (h). (Pension Protection Act of 2006) Law text · (h)

    1994

    • Pub. L. 103–465, §777(a), inserted at end "The maximum guaranteed monthly benefit shall not be reduced solely on account of the age of a participant in the case of a benefit payable by reason of disability that occurred on or before the termination date, if the participant demonstra… · (b)
    • Pub. L. 103–465, §766(c), added subsec. (f). · (f)

    1989

    • Pub. L. 101–239, §7894(g)(3)(B), substituted "this subchapter" for "section 1321 of this title". · (a)
    • Pub. L. 101–239, §7894(g)(1), substituted "60-month" for "60 month". · (b)
    • Pub. L. 101–239, §7891(a)(1), substituted "Internal Revenue Code of 1986" for "Internal Revenue Code of 1954", which for purposes of codification was translated as "title 26" thus requiring no change in text. · (b), (5), (6)
    • Pub. L. 101–239, §7881(f)(11), substituted "under section 1344(a) of this title. Such payment shall be made to such participant" for "under section 1344(a) of this title, to such participant". · (c)
    • Pub. L. 101–239, §7881(f)(4), struck out "(in the case of a deceased participant)" before "to such participant's beneficiaries". · (c)
    • Pub. L. 101–239, §7881(f)(5), inserted before period at end ", and during the 5-Federal fiscal year period ending with the fiscal year preceding the fiscal year in which occurs the date of the notice of intent to terminate with respect to the plan termination for which the re… · (c)

    1987

    • Pub. L. 100–203 added subsec. (c) and redesignated former subsecs. (c) and (d) as (d) and (e), respectively. · (c), (d), (e)

    1986

    • Pub. L. 99–272, §11016(c)(8), in provisions following subpar. (B) substituted "12 months beginning with" for "12 months following". · (b)
    • Pub. L. 99–272, §11016(c)(9), added subsec. (d). · (d)

    1980

    • Pub. L. 96–364, §403(c)(2), inserted ", in accordance with this section," after "guarantee" and "single-employer" before "plan which", and struck out "the terms of" after "under". · (a)
    • Pub. L. 96–364, §403(c)(3), (4), in par. (1) substituted "(7)" for "(8)", struck out par. (5) relating to receipt of a life annuity commencing at age 65, and redesignated pars. (6) to (8) as (5) to (7), respectively. · (b)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.