Employee Retirement Income Security Act

Employee Retirement Income Security Act
A federal law that sets minimum standards for pension plans and health benefit plans, to protect the employees covered by these plans. ERISA requires plans to provide certain information to plan participants, imposes responsibilities on those who manage and control the plans, and requires plans to establish procedures for participants to get benefits from their plans, including an appeals process.
Category: Employment Law & HR → Employee Rights
Category: Employment Law & HR → Human Resources
Category: Personal Finance & Retirement → Money & Taxes for Retirees

Nolo’s Plain-English Law Dictionary. . 2009.

Employee Retirement Income Security Act
USA
A federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Employee Retirement Income Security Act — The Employee Retirement Income Security Act of 1974 (ERISA) (USStatute|93|406|88|829|1974|09|02) is an American federal statute that establishes minimum standards for pension plans in private industry and provides for extensive rules on the… …   Wikipedia

  • Employee Retirement Income Security Act — ( ERISA) The law that regulates the operation of private pensions and benefit plans. Bloomberg Financial Dictionary * * * Employee Retirement Income Security Act Employee Retirement Income Security Act ➔ ERISA * * * Employee Retirement Income… …   Financial and business terms

  • Employee Retirement Income Security Act of 1974 — (ERISA) USA A federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans. Practical Law Dictionary. Glossary of UK, US and… …   Law dictionary

  • Employee Retirement Income Security Act of 1974 — ( ERISA) Legislation mandating standards for vesting requirements and funding of pension plans. American Banker Glossary …   Financial and business terms

  • Employee Retirement Income Security Act - ERISA — The Employee Retirement Income Security Act of 1974 (ERISA) protects the retirement assets of Americans by implementing rules that qualified plans must follow to ensure that plan fiduciaries do not misuse plan assets. ERISA also: 1. Requires… …   Investment dictionary

  • Employee Retirement Income Security Act — (ERISA)    A federal law that regulates private pension plans that supplement Social Security. The Act sets minimum standards for such plans, provides workers with some protection if a plan cannot pay the benefits to which they are entitled, and… …   Business law dictionary

  • Employee Retirement Income Security Act — See E.R.I.S.A …   Black's law dictionary

  • Employee Retirement Income Security Act — See E.R.I.S.A …   Black's law dictionary

  • Employment Retirement Income Security Act of 1974 — n. An act of Congress that sets guidelines for employee benefit plans. abbrv. ERISA The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • employee benefit plan — USA Either an employee pension benefit plan or an employee welfare benefit plan or a plan which is both. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

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