Brief

The Retiree Benefits Bankruptcy Protection Act of 1988 is a law that aims to improve the treatment of claims for certain retiree benefits of former employees. The Act amends chapter 11 of title 11 of the United States Code to ensure that retirees receive their benefits in bankruptcy cases. It requires debtors to timely pay and not modify retiree benefits, except in certain circumstances where modification is necessary for reorganization and fairness to all parties involved. The law also establishes a process for modifying retiree benefits if the trustee proposes modifications that meet specific standards and are fair to all parties.

This content is restricted.

Highlights content goes here...

This content is restricted.

Congress.gov

Quick Insight
RADA.AI
RADA.AI
Hello! I'm RADA.AI - Regulatory Analysis and Decision Assistance. Your Intelligent guide for compliance and decision-making. How can i assist you today?
Suggested

Form successfully submitted. One of our GRI rep will contact you shortly

Thanking You!

Enter your Email

Enter your registered username/email id.

Enter your Email

Enter your email id below to signup.
Individual Plan
$125 / month OR $1250 / year
Features
Best for: Researchers, Legal professionals, Academics
Enterprise Plan
Contact for Pricing
Features
Best for: Law Firms, Corporations, Government Bodies