ERISA

The Employee Retirement Income Security Act of 1974 (ERISA) is generally regarded as the full body of laws regulating employee benefit plans. ERISA is a federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans.

Consider some of the areas that ERISA covers:

• Pension Plans
  
• Health Benefit Plans
  
• Pension Vesting
  
• Pension Funding
  
• Employee Benefit Rights
  
• Plan Termination Insurance
  
• …Just to name a few.