Which of the following is true of the Employee Retirement Income Security Act of 1974?
A) The act established certain rights related to vesting.
B) The act required employers to offer supplemental retirement plans.
C) The act barred portability of retirement savings.
D) The act reduced the responsibility of pension plan trustees.
E) The act guaranteed retirees a pension equivalent to their last drawn salary.
Correct Answer:
Verified
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