A bill to amend the Tax Reform Act of 1986 to provide that the repeal of the 3-year basis recovery rule applicable to employees' annuities apply only to individuals whose annuity starting date is more than 90 days after the enactment of this Act.

Amends the Tax Reform Act of 1986 to provide that the repeal of the three-year basis recovery rule applicable to employees' annuities shall apply only to individuals whose annuity starting date is more than 90 days after the enactment of this Act.