Welfare and Pension Plans Disclosure Act

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Legislation in the United States regulating employee pension plans. It requires pensions with more than 25 employees participating to register with the Labor Department and to file information regarding the plan. Larger plans with more than 100 participants must also file a financial report annually. The Act requires all paperwork to be made available to plan participants on request. The intent of the Act is to increase transparency in employee pension plans.

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