A bill to extend certain protections under title 11 of the United States Code, the Bankruptcy Code.

Extends for six months, from May 15, 1987, to November 15, 1987, the authority of a bankruptcy trustee to pay benefits to retired employees under a plan, fund, or program maintained or established by the debtor (through the purchase of insurance or otherwise) for the purpose of providing medical, surgical, or hospital care benefits or benefits in the event of sickness, accident, disability, or death.