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Employee Retirement Income Security Act of 1974

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Employee Retirement Income Security Act of 1974
Legislation in the United States, passed in 1974, that established a number of regulations to ensure that employers and other involved parties do not misuse the funds entrusted to them in retirement accounts. Among other provisions, the Act requires retirement account managers to provide information to account holders on a regular basis. It also sets standards for managers' use of discretionary authority and allows account holders to sue their pensions for unpaid benefits.


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The DOL's Employee Benefits Security Administration enforces the Employee Retirement Income Security Act of 1974 (ERISA), which sets certain minimum standards for private sector pension plans.
The AICPA recently commented on the Department of Labor's request for information (RFI) concerning the advisability of amending Interpretive Bulletin 75-9 relating to guidelines on independence of accountants retained by employee benefit plans subject to the Employee Retirement Income Security Act of 1974.
00 Hardcover KF3496 In this edition, which includes updates on regulations and IRS policies, specialists Howitt and Rosen overview ESOPs since the passage of the Employee Retirement Income Security Act of 1974.
 
 
Employee Referral Program
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Employee Retirement Income Security Act
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employee savings plan
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