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Effect of the Employee Retirement Income Security Act on the Termination of Single Employer Defined Benefit Pension Plans

HRD-78-90 Published: Apr 27, 1978. Publicly Released: Apr 27, 1978.
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Highlights

The Employee Retirement Income Security Act (ERISA) requires private pension plans to meet extensive, complex minimum standards and reporting and disclosure requirements. Concerns were expressed about ERISA effects on small businesses and their employees and the increase in pension plan terminations after enactment of the legislation.

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Topics

Retirement Security
Financial disclosureFines (penalties)Fringe benefitsPensionsStandards evaluationRetirement incomeAdministrative costsEmployee retirementsSmall businessRetirement plan contributions