The _____ is a federal agency created by ERISA with responsibility for insuring private sector defined benefit plans after retirement.

Question

Quizplus · Accepted Answer

The Pension Benefit Guaranty Corporation (PBGC) is the federal agency created by ERISA with the responsibility for insuring private sector defined benefit plans after retirement. The other answer choices are federal agencies with different responsibilities, such as ensuring compliance with federal contract requirements (A), providing benefits for employees who are injured or become ill on the job (C), and promoting safe and healthy working conditions (D).

The _____ Is a Federal Agency Created by ERISA with Responsibility