Which of the following requires that pension rights be vested and protected by the Pension Benefits Guarantee Corporation?
A)Economic Growth and Tax Relief Conciliation Act
B)Employee Retirement Income Security Act
C)Job Creation and Worker Assistance Act
D)Social Security Act

Question

Quizplus · Accepted Answer

B)Signed into law by President Ford in 1974, ERISA requires that pension rights be vested and protected by a government agency, the PBGC. It requires that employers have written pension plan documents and adhere to certain guidelines.

Which of the Following Requires That Pension Rights Be Vested