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Employee Retirement Income Security Act of 1974A federal law that originally set minimum standards for funding, vesting and termination of employer-sponsored pension plans. ERISA also contains provisions to protect the interests of participants and beneficiaries in welfare plans. Welfare plans must be in written form, describe the benefits and name the persons responsible for the operation of t [..]
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Employee Retirement Income Security Act of 1974Federal law that established rules and regulations to govern employer-provided pensions and other employee benefits provided to U.S. employees.
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Employee Retirement Income Security Act of 1974Definition ERISA. The federal law which established legal guidelines for private pension plan administration and investment practices.
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Employee Retirement Income Security Act of 1974A Federal statute that establishes the following: (1) Rights of beneficiaries to pension benefits. (2) Standards that must be followed when investing pension plan assets. (3) Requirements that must be [..]
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Employee Retirement Income Security Act of 1974a federal statute governing standards for private pension plans, including vesting requirements, funding mechanisms, and plan design.
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Employee Retirement Income Security Act of 1974This is a law. It controls employer-based health plans. It also sets rules for pensions and other benefits plans.
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Employee Retirement Income Security Act of 1974A federal statute governing standards for private pension plans, including vesting requirements, funding mechanisms, and plan design. ERISA prevents states from directly regulating employee welfare benefits, including employer-sponsored health plans.
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Employee Retirement Income Security Act of 1974Legislation enacted in 1974 to protect workers from the loss of benefits provided through the workplace. ERISA does not require employers to establish any type of employee benefit plan, but contains requirements applicable to the administration of the plan when a plan is established. The requirements of ERISA apply to most private employee benefit [..]
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