Which of the following federal laws governs most employer-sponsored retirement plans as well as many other types of employer-sponsored employee benefit plans?

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The Employee Retirement Security Act (ERISA) governs most employer-sponsored retirement plans as well as many other types of employer-sponsored employee benefit plans. The other options listed primarily pertain to labor relations, worker pay and benefits during periods of unemployment, and healthcare coverage continuation. ERISA, on the other hand, outlines important protections for workers and their beneficiaries, such as minimum standards for vesting, participation, funding, and the management of plan assets.

Which of the Following Federal Laws Governs Most Employer-Sponsored Retirement