The primary purpose of the Employee Retirement Income Security Act (ERISA) is to

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The Employee Retirement Income Security Act (ERISA) was enacted to regulate employer-sponsored pension plans and protect the rights of plan participants and beneficiaries. ERISA sets standards for reporting, disclosure, fiduciary responsibility, and vesting requirements for pension plans. It also established the Pension Benefit Guaranty Corporation, which provides insurance to protect pensions in case of plan termination. ERISA does not collect taxes on retirement benefits or require employer-sponsored pension plans for large companies, as stated in options C and D.

The Primary Purpose of the Employee Retirement Income Security Act