Examlex
Which of the following programs provided states with significant flexibility in spending federal welfare dollars?
ERISA
The Employee Retirement Income Security Act of 1974, a federal law that sets minimum standards for most voluntarily established pension and health plans in private industry.
Fiduciary Responsibility
The obligation of one party to act in the best interest of another within a relationship of trust, such as that between a trustee and the beneficiaries.
Plan Participants
Individuals who are enrolled and covered under a specific benefits plan, often related to retirement or health insurance.
Federal Holidays
Public holidays recognized by the federal government; on these days, non-essential federal government offices are closed.
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