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Regulating Private Pensions: A Brief Summary of ERISA (CRS Report for Congress)

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Release Date Jan. 15, 2004
Report Number 95-926EPW
Authors Patrick Purcell
Source Agency Congressional Research Service
Summary:

This report briefly discusses the Employee Retirement Income Security Act of 1974 (ERISA), and how it protects the interests of participants and beneficiaries in private-sector employee benefit plans. ERISA covers a number of fringe benefits provided by employers, but most of its provisions deal with pension plans. Pension plans sponsored by the federal, state, and local governments, or by churches generally are exempt from ERISA.