• Is the Employee Retirement Income Security Act. It was enacted into law in 1974.

• The Employee Retirement Income Security Act of 1974, as amended. This federal law provides for regulation of private pension and employee benefit plans by the Department of Labor and Pension Benefit Guaranty Corporation. The IRS also regulates such plans under provisions of the Internal Revenue Code.

 Embedded terms in definition
Pension benefit guaranty corporation
 Referenced Terms
 Contingent pension liability: Under Erisa, the firm is liable to the plan participants for up to 39% of the net worth of the firm.

 Pension benefit guaranty corporation: Abbreviated PBGC. A federal agency that insures the vested benefits of pension plan participants (established in 1974 by the Erisa legislation).The U.S. government agency that insures benefits in defined benefit pension plans.

<< Equivalent taxable yield Erm >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

Do not go where the path may lead, go instead where there is no path and leave a trail. - Ralph Waldo Emerson


Copyright 2009-2019 GVC. All rights reserved.