Sponsor: CLARK, Joel Bennett (D-MO)
Description: TO AMEND H.R. 7260, THE SOCIAL SECURITY ACT, BY PERMITTING COMPANIES WHICH HAD ESTABLISHED PRIVATE PENSION PLANS, WHICH WERE AT LEAST EQUALLY FAVORABLE OR MORE FAVORABLE TO THE EMPLOYEE THAM THE PLAN SET UP UNDER THE PROVISIONS OF THE BILL AS A GOVERNMENT PLAN, TO BE EXEMPTED FROM THE PROVISIONS OF THE BILL AND TO CONTINUE THE OPERATION OF THE PRIVATE PLAN PROVIDED IT MET THE REQUIREMENTS OF THE AMENDMENT AND WAS APPROVED BY THE BOARD SET UP BY THE BILL ITSELF.
Original source documents: Congressional Record vol. 79-9, p. 9631;