The GHOST Act, or Ghost Handouts and Overpayments Stop Today Act, aims to amend the Employee Retirement Income Security Act of 1974. It clarifies the Pension Benefit Guarantee Corporation's responsibility to recover overpayments of special financial...
Simple Explanation
The GHOST Act is a plan to make sure that money given to help people with their pensions isn't given out by mistake, especially if the person has passed away. It wants to use checks like looking at people's information to make sure the government doesn't waste money and gets it back if it gave too much.