Skip to Main Content
 
 

Title_of_text

Retiree Benefits Bankruptcy Protection Act of 1988. Public Law 100-334 (H.R. 2969).

Main Region

First Region

United States of America
Freedom of association, collective bargaining and industrial relations; General provisions; Medical care and sickness benefit; Old-age, invalidity and survivors benefit
1988-06-16
National
Law, Act

Second Region

Provides that a company which has petitioned for bankruptcy under Chapter 11 of the Bankruptcy Code shall continue to pay retiree benefits pursuant to a policy of life, health or disability insurance. If representatives of the beneficiaries agree to modifications in benefits during the pendency of a bankruptcy petition, they may be made. Where the representative and the bankrupt company cannot reach agreement, the presiding judge may decide. A labour organisation shall, unless it opts not to, represent persons receiving benefits negotiated under a collective agreement.

Serial region

    Serial title
    U.S. Code Congressional and Administrative News
    Date
    1988-08
    Page range
    p. 102 STAT. 610