The Employee Retirement Income Security Act
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The Employee Retirement Income Security Act of 1974
Author | : James Wooten |
Publsiher | : Univ of California Press |
Total Pages | : 433 |
Release | : 2005-01-24 |
Genre | : Medical |
ISBN | : 9780520931398 |
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This study of the Employee Retirement Income Security Act of 1974 (ERISA) explains in detail how public officials in the executive branch and Congress overcame strong opposition from business and organized labor to pass landmark legislation regulating employer-sponsored retirement and health plans. Before Congress passed ERISA, federal law gave employers and unions great discretion in the design and operation of employee benefit plans. Most importantly, firms and unions could and often did establish pension plans that placed employees at great risk for not receiving any retirement benefits. In the early 1960s, officials in the executive branch proposed a number of regulatory initiatives to protect employees, but business groups and most labor unions objected to the key proposals. Faced with opposition from powerful interest groups, legislative entrepreneurs in Congress, chiefly New York Republican senator Jacob K. Javits, took the case for pension reform directly to voters by publicizing frightening statistics and "horror stories" about pension plans. This deft and successful effort to mobilize the media and public opinion overwhelmed the business community and organized labor and persuaded Javits's colleagues in Congress to support comprehensive pension reform legislation. The enactment of ERISA in September 1974 recast federal policy for private pension plans by making worker security an overriding objective of federal law.
Employee Retirement Income Security Act
Author | : United States. Department of Labor,United States. Labor-Management Services Administration. Pension and Welfare Benefit Programs |
Publsiher | : Unknown |
Total Pages | : 56 |
Release | : 1976 |
Genre | : Employee fringe benefits |
ISBN | : UOM:39015077151895 |
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Employee Retirement Income Security Act
Author | : United States. Department of Labor,United States. Labor-Management Services Administration. Pension and Welfare Benefit Programs |
Publsiher | : Unknown |
Total Pages | : 72 |
Release | : 1978 |
Genre | : Employee fringe benefits |
ISBN | : UOM:39015077151705 |
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The Employee Retirement Income Security Act
Author | : United States. Commission on Federal Paperwork |
Publsiher | : Unknown |
Total Pages | : 74 |
Release | : 1977 |
Genre | : Employee fringe benefits |
ISBN | : UOM:39015008704507 |
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Overview of the Employee Retirement Income Security Act ERISA
Author | : Terrence D. Anderson |
Publsiher | : Unknown |
Total Pages | : 0 |
Release | : 2010 |
Genre | : Pension trusts |
ISBN | : 160741757X |
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The Employee Retirement Income Security Act of 1974 (ERISA) provides a comprehensive federal scheme for the regulation of employee pension and welfare benefit plans offered by employers. ERISA contains various provisions intended to protect the rights of plan participants and beneficiaries in employee benefit plans. This book provides background on the pension laws prior to ERISA, discusses various types of employee benefit plans governed by ERISA, provides an overview of ERISA's requirements, discusses breach of fiduciary duty claims under ERISA Section 502(a)(2) and the LaRue case and examines the regulation of health benefits under ERISA.
Often asked Questions about the Employee Retirement Income Security Act
Author | : United States. Department of Labor |
Publsiher | : Unknown |
Total Pages | : 32 |
Release | : 2024 |
Genre | : Electronic Book |
ISBN | : STANFORD:36105129144247 |
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Legislative History of the Employee Retirement Income Security Act of 1974
Author | : United States. Congress. Senate. Committee on Labor and Public Welfare. Subcommittee on Labor |
Publsiher | : Unknown |
Total Pages | : 1754 |
Release | : 1976 |
Genre | : Pension trusts |
ISBN | : UOM:39015072130142 |
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Effects of the Employee Retirement Income Security Act on Pension Plans with Fewer Than 100 Participants
Author | : United States Accounting Office (GAO) |
Publsiher | : Createspace Independent Publishing Platform |
Total Pages | : 38 |
Release | : 2018-06-19 |
Genre | : Electronic Book |
ISBN | : 1721577580 |
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Effects of the Employee Retirement Income Security Act on Pension Plans With Fewer Than 100 Participants