Employee Retirement Income Security Act of 1974. The federal law which established legal guidelines for private pension plan administration and investment practices.

Use ERISA in a sentence

All companies must now offer some sort of retirement planning due ERISA. Otherwise there would be too many retirees that would be broke.

​ Was this Helpful? YES  NO 7 people found this helpful.

When our company was sued over our company pension and health care plans, we brought in a lawyer who was an expert on the ERISA law to advise us.

​ Was this Helpful? YES  NO 11 people found this helpful.

In order to abide by federal law, the lawn care company had to follow all established guidelines described in ERISA when starting its investment of pension funds.

​ Was this Helpful? YES  NO 5 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
vesting bankruptcy estate