Pension Assistance and Counseling Act of 1999

Pension Assistance and Counseling Act of 1999 - Amends the Older Americans Act of 1965 to require the Assistant Secretary for Aging to award grants to eligible entities to establish programs that create or continue a sufficient number of pension assistance and counseling projects to provide outreach, information, counseling, referral, and other assistance regarding pension and other retirement benefits and related rights to individuals throughout the United States.

Specifies that such grants shall be awarded to: (1) State agencies or area agencies on aging; (2) nonprofit organizations with a proven record of providing services related to retirement of older individuals or specific pension counseling; and (3) an eligible entity to establish a training and technical assistance program to provide information and technical assistance to the staffs of entities operating pension counseling programs and assistance to such entities, including assistance in designing program evaluation tools. Makes nonprofit private organizations with records of providing national information, referral, and advocacy in matters related to pension and other retirement benefits eligible to receive training and technical assistance grants.

Requires the Assistant Secretary to enter into: (1) interagency agreements for the establishment and operation of, and dissemination of information about, a telephone hotline for individuals seeking outreach, information, counseling, referral, and assistance regarding pension and other retirement benefits, and rights related to such benefits; and (2) agreements with the Secretary of Labor and with the heads of other Federal agencies that regulate the provision of pension and other retirement benefits, as appropriate, in order to carry out this Act and to develop a nationwide public-private pension assistance system.

Authorizes appropriations.

Repeals provisions of the Act that establish pension rights demonstration projects.