The main objective of ERISA is to guarantee expectations of retirement plan participants.

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ERISA, the Employee Retirement Income Security Act, was enacted in 1974 in order to protect the interests and retirement benefits of employees who participate in employer-sponsored retirement plans. One of the main objectives of ERISA is to ensure that participants have reasonable expectations of receiving the benefits they have been promised. Other objectives include establishing minimum funding standards for pension plans, setting rules for fiduciary responsibilities, and providing for the continuation and protection of benefits in the event of plan termination or bankruptcy.

The Main Objective of ERISA Is to Guarantee Expectations of Retirement