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Which of the Following Is True of the Employee Retirement

Question 72

Multiple Choice

Which of the following is true of the Employee Retirement Income Security Act (ERISA) of 1974?


A) It was introduced as a bill by the Pension Benefit Guarantee Corporation.
B) It established vesting rights related to pensions.
C) It prohibits the movement of retirement savings when changing employers.
D) It makes it mandatory to operate a day-care center at or near the workplace.
E) It establishes the setting up flexible spending accounts for dependent care.

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