The Employee Retirement Income Security Act (ERISA) requires pension plans to periodically provide participants with information about plan features (such as vesting), funding, and benefit accrual amounts.

Question

Quizplus · Accepted Answer

ERISA does require pension plans to provide participants with information about plan features (such as vesting), funding, and benefit accrual amounts through various disclosures, such as the Summary Plan Description (SPD) and Summary Annual Report (SAR).

The Employee Retirement Income Security Act (ERISA) Requires Pension Plans