Employee Retirement Income Security Act

From CNM Wiki
Revision as of 13:22, 3 November 2019 by Kevmwangi (talk | contribs)
Jump to: navigation, search

Employee Retirement Income Security Act (ERISA) is the first comprehensive reform law passed to protect employee pensions. Additionally, it places strict regulations on private pension plans and protects the vested rights of employees' beneficiaries.


Definitions

According to Labor Relations and Collective Bargaining by Michael R. Carrell and Christina Heavrin (10th edition),

Employee Retirement Income Security Act (ERISA). The first comprehensive reform law passed to protect employee pensions. Additionally, it places strict regulations on private pension plans and protects the vested rights of employees' beneficiaries.

Related concepts

Related lectures