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Small Business Employee Benefits and HR Blog

Employee Retirement Income Security Act of 1974 (ERISA)

January 20, 2013
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A federal law that originally set minimum standards for funding, vesting and termination of employer-sponsored pension plans. ERISA also contains provisions to protect the interests of participants and beneficiaries in welfare plans. Welfare plans must be in written form, describe the benefits and name the persons responsible for the operation of the plan.

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