The federal act that sets minimum standards for pension plans for private industry is:

Question

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The federal act that sets minimum standards for pension plans for private industry is ERISA (Employee Retirement Income Security Act). COBRA (Consolidated Omnibus Budget Reconciliation Act) is a federal law that allows employees to continue their group health insurance coverage after leaving their job, while CHAMPVA (Civilian Health and Medical Program of the Department of Veterans Affairs) is a healthcare program for eligible dependents and survivors of certain veterans. EMTALA (Emergency Medical Treatment and Active Labor Act) is a federal law that requires hospitals to provide emergency medical treatment to patients regardless of their ability to pay.

The Federal Act That Sets Minimum Standards for Pension Plans