Public Law 93-406

E187359

Public Law 93-406 is the formal designation of the Employee Retirement Income Security Act of 1974, a landmark U.S. federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry.

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Label Occurrences
Public Law 93-406 canonical 2

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Statements (50)

Predicate Object
instanceOf United States federal statute
labor law
pension law
administeredBy Employee Benefits Security Administration
Internal Revenue Service
Pension Benefit Guaranty Corporation
United States Department of Labor
surface form: U.S. Department of Labor
alsoKnownAs Employee Retirement Income Security Act of 1974
surface form: ERISA of 1974
appliesTo most voluntarily established health plans in private industry
most voluntarily established retirement plans in private industry
private-sector employee benefit plans
characterization landmark federal pension reform law
codifiedIn United States Code Title 29
surface form: Title 29 of the United States Code
contains preemption clause for state laws relating to employee benefit plans
country United States of America
creates Pension Benefit Guaranty Corporation
dateEnacted 1974-09-02
enactedBy 93rd United States Congress
establishes civil enforcement provisions for employee benefit plans
fiduciary responsibility rules for plan fiduciaries
minimum funding standards for pension plans
minimum participation standards for pension plans
minimum vesting standards for pension plans
reporting and disclosure requirements for employee benefit plans
excludes church plans (with certain exceptions)
governmental plans
hasLongName Employee Retirement Income Security Act of 1974
hasShortName Employee Retirement Income Security Act of 1974
surface form: ERISA
jurisdiction federal
legislativeResponseTo failures and underfunding of private pension plans prior to 1974
officeholderAtSigning President of the United States
PBGCFunction to insure certain defined benefit pension plans
primaryCodificationSection 29 U.S.C. § 1001 et seq.
publicLawNumber 93-406
purpose to ensure the equitable character and financial soundness of employee benefit plans
to improve the soundness and stability of private pension plans
to protect beneficiaries of employee benefit plans
to protect participants in employee benefit plans
to provide appropriate remedies and sanctions
to set minimum standards for employee benefit plans
regulates defined benefit pension plans
defined contribution pension plans
welfare benefit plans
signedBy Gerald Ford
statutesAtLargeCitation 88 Stat. 829
subject employee benefit plans
health benefit plans
retirement plans
title Employee Retirement Income Security Act of 1974
yearEnacted 1974

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Full triples — surface form annotated when it differs from this entity's canonical label.

ERISA publicLawNumber Public Law 93-406