In order for a severance pay plan to not be treated as an ERISA pension plan, how many months does the employer generally have to complete employee payments?
ERISA, or Employee Retirement Income Security Act, is a federal law that establishes the minimum requirements and operational procedures for pension plans and employee benefit plans.
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fromChapter 8 / Lesson 13
In the United States, ERISA Law helps protect workers' benefit plans that are funded by private employers. Discover more about the ERISA Law, including what plans are covered, plan standards, fiduciary duties, and how this law is enforced.