Employer-sponsored disability insurance plans generally supplement legally required benefits established by which law? (The Employee Retirement Income Security Act of 1974)

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Quizplus · Accepted Answer

Employer-sponsored disability insurance plans generally supplement benefits established by the Employee Retirement Income Security Act of 1974 (ERISA). This law sets minimum requirements for private employers who offer pension plans, health insurance, and other benefits to their employees. ERISA does not require employers to provide disability insurance, but if they do, the plan must meet certain legal standards.

Employer-Sponsored Disability Insurance Plans Generally Supplement Legally Required Benefits Established