Employee Retirement Income Security Act Of 1974 (ERISA)
What is it? A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.Added By: Sebastian
The Employee Retirement Income Security Act Of 1974 (ERISA) definition has been viewed 116 Time(s)!
Send To Friends!
If you'd like to send the Employee Retirement Income Security Act Of 1974 (ERISA) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Employee Retirement Income Security Act Of 1974 (ERISA). If you need any more information on this term, please don't hesitate to contact us.