The Earned Retiree Healthcare Benefits Protection Act of 2011 (H.R. 1322)
Introduced in the 112th Congress (2011-2012)
The retirement benefits of seniors across the country are under attack by the same large corporations who hired them years before. Retirees, hoping for “security” in their golden years, have found their dreams threatened by today’s corporate culture and need legislation to correct the problem. Congress has a responsibility to protect the retirement health benefits earned by our nation's senior citizens, many of whom spent their entire careers at Fortune 500 companies.
The Earned Retiree Healthcare Benefits Protection Act of 2011 (H.R. 1322) was introduced on April 1, 2011, by Rep. John Tierney (D-MA). ProtectSeniors.Org endorses and is actively supporting this legislation that would protect and restore the earned benefits of retirees.
Specifically, this legislation would:
Prohibit group health plans from making post-retirement reductions in retiree benefits;
Require plans to adopt provisions barring post-retirement cuts in retiree health benefits;
Require employers to restore benefits reduced after retirement, back to 1991; and
Provide an exemption for employers who are unable to restore benefits because they would experience substantial business hardship, to be determined by the Secretary of Labor.
More Information:
Read ProtectSeniors.Org's press release on the bill's introduction.
Read the full text of the bill.
Find a current list of cosponsors.
Get Involved -- Join our grassroots effort to support H.R. 1322!
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