Essays Tagged: "Employee Retirement Income Security Act"

A look at ERISA

Thankfully, there are protections in place to prevent this scenario from playing out. In 1974, the Employee Retirement Income Security Act (referred hereafter as ERISA) was passed into law. This act ... he Welfare and Pension Plans Disclosure Act of 1959 (History, 2004)There was nothing to protect the employee or stop the employer from robbing the pension. One such example was the Studebaker Car Comp ...

(3 pages) 180 0 3.7 Oct/2004

Subjects: Law & Government Essays > Law

Pension Crisis

ared down in order to maximize a company's profit while maintaining the ability to attract talented employees. Retirement benefits have not been immune to these changes, and what was once considered t ... plans such as defined contribution plans, defined benefit plans, and the issues faced by companies, employees, and current retirees. In addition, I will discuss the function and purpose of the Pension ...

(4 pages) 202 0 4.6 Jul/2006

Subjects: Businesss Research Papers > Management > Human Resource Management

Group Insurance and Welfare Law - HRM 425: Benefits, Safety, and Health

If employers had it their way they would have employees working for them with as little as possible. Thankfully it is more of the unethical employ ... mpanies by the states and federal government so that those that want to withhold what is due to the employee; could not do so without a fare fight from the employee, which has caused many organization ... e many laws that come into effect to protect individuals and their rights. One of those laws is the Employee Retirement Income Security Act (ERISA). This law was established in 1974, and sets minimum ...

(3 pages) 151 0 0.0 Nov/2006

Subjects: Law & Government Essays > Law

ERISA Paper

all individuals within the business world do need to have protection. ERISA protects the rights of employees and their pensions. There are different types also involved with ERISA. In this paper, the ... ISA is involved many laws and was reorganized in 1978. It began in 1974, and protects the rights of employees and their pensions. In addition, their are two types of ERISA. Type 1 is communication. Fo ...

(3 pages) 122 0 0.0 Jul/2007

Subjects: Businesss Research Papers > Case Studies

ERISA

What is ERISA? ERISA is the Employee Retirement Income Security Act which sets uniform minimum standards for establishing employ ... Corporation closed its plants; their poorly planned pension plan could not meet the needs of their employee's pensions. The Studebaker Corporation created three classes of employees. The first class ... d three classes of employees. The first class was the workers who had reached retirement age. These employees were eligible for full benefits. The second class was workers aged 49-50 who had been with ...

(3 pages) 67 0 5.0 Jul/2008

Subjects: Businesss Research Papers > Case Studies