Employee Retirement Income Security Act (ERISA),
Definition of Employee Retirement Income Security Act (ERISA):
Employee Retirement Income Security Act (ERISA) can be defined as, The Employee Retirement Income Security Act of 1974 (ERISA) protects the retirement assets of employees in the United States, which enacts laws that require qualifying plans to be followed to ensure that plan administrators do not misuse plan assets. Do Under ERISA, projects must provide project members with information about project features and resources, and provide this information regularly and free of charge.
- The Employees Retirement Income Security Act (ERISA) enacts rules and regulations that prevent misuse of program assets by pension fund managers.
- ERISA also sets minimum standards for participation, giving, accumulating benefits and financing pension schemes.
- ERISA gives account holders the right to claim profits and breach fiduciary obligations.
The laws passed in 1974 mostly apply to private pension and social security programs, which set some minimum standards for the protection of participating workers.
Literal Meanings of Employee Retirement Income Security Act (ERISA)
Meanings of Employee:
Someone who is employed for a salary or a salary, especially at the non-executive level.
Synonyms of Employee
artisan, staff, hired person, hired help, personnel, hireling, labourer, blue-collar worker, white-collar worker, hand, wage-earner, member of staff, worker, workman, hired hand, workforce, hired man, member of the workforce, breadwinner
Meanings of Retirement:
Quit and quit
Remove the jury from the courtroom to decide.
Sentences of Retirement
One man will retire
He lives in exile in Kent.
Synonyms of Retirement
loneliness, privacy, stopping working, retiral, solitude, stopping work, isolation, seclusion, retreat, giving up work, obscurity
Meanings of Income:
As usual for funds, especially work or investment.
Sentences of Income
Have a nice home and a decent income.
Synonyms of Income
proceeds, turnover, earnings, yield, take, money received, salary, gains, means, pay, dividend, takings, emolument, stipend, remuneration, incomings, receipts, wages, revenue, profits
Meanings of Security:
Danger or state of being safe from danger.
Anything that is deposited or given as security for the fulfillment of an obligation or payment of a debt, which expires on default.
Certificates of credit quality, ownership of stocks or bonds, or equity in tradable derivatives.
Sentences of Security
This system is designed to provide maximum protection against the spread of toxins.
Synonyms of Security
bond, soundness, pledge, gage, solidness, assured future, reliability, surety, backing, pawn, bail, safety, earnest, hostage, certainty, collateral, guarantee, dependability, safe future
Meanings of Act:
Behave in the manner described.
They work, they have special effects.
Play a role in a drama, movie or television.
Some took action.
Written laws passed by Parliament, Congress, etc.
The main part of drama, ballet or opera.
Prepay corporate income tax.
Sentences of Act
Urges Washington to act
You challenged someone who was acting suspiciously.
Blood samples are tested to find out how the medicine works in the body.
He made his professional debut at the age of six.
He laughs a lot and plays
Youth Act 1989
The first action
Synonyms of Act
play, subterfuge, charade, ruling, go ahead, feat, false display, pretence, gesture, masquerade, part, proceed, a put-up job, canon, chapter, play a part, guise, posture, fake, section, shamming, bit, undertaking, command, take measures, make a move, achievement