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Which of the following statements is not a provision of ERISA? a.ERISA requires each employer to establish a pension plan. b.ERISA establishes minimum vesting schedules that protect the workers' benefits. c.ERISA provides that all employees are eligible to set up their own individual retirement accounts. d.ERISA applies to pension and welfare plans established by any employer engaged in commerce. e.All of these choices are provisions of ERISA.

Respuesta :

Answer:

The correct answer is letter "A": ERISA requires each employer to establish a pension plan.

Explanation:

The Employee Retirement Income Security Act (ERISA) is a U.S. regulation that sets boundaries on the use of Americans' retirement assets to make sure those funds are not misused. If that situation arises, thanks to the ERISA employees can sue retirement plan institutions for the harm.

Among its different regulations, the ERISA also requests employers to select a retirement plan for their employees.

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