A bill to amend the Employee Retirement Income Security Act of 1974 to increase the maximum levels of guaranteed single-employer plan benefits, and for other purposes.

Amends the Employee Retirement Income Security Act of 1974 (ERISA) to revise requirements for single-employer plans to: (1) increase the maximum level of guaranteed benefits; (2) require that certain supplemental benefits not be treated as non-basic benefits; and (3) index maximum guaranteed benefits under plans or amendments not in effect for 60 months.