H.R. 1895, titled the "Delphi Retirees Pension Restoration Act," aims to increase the benefits for certain pension plan participants whose plans have been terminated. The bill mandates that these participants receive their full vested plan benefits, recalculates previous benefits where...
Simple Explanation
H.R. 1895 is like a plan to help some people get their full pension money back that they were promised but didn't get. It makes sure they get all the money they deserve, even if it means giving them a big chunk of money all at once.