According to the Employee Retirement Income Security Act (ERISA), the Rights

question 54

Multiple Choice

According to the Employee Retirement Income Security Act (ERISA) , the rights of employees to a pension upon retirement are known as _____.

• A)vesting rights
• B)portability rights
• C)transfer rights
• D)fiduciary rights
• E)funding rights

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Definitions:

Interaction

The reciprocal action or influence between two or more entities or substances, often resulting in a change.

Scarce Resources

Materials or inputs that are limited in availability and are essential for human survival or for the production of goods and services.

Functionalist

Relating to the theory in sociology and anthropology that interprets society as a structure with interrelated parts designed to meet the biological and social needs of individuals.

Collective Good

Benefits or interests that are shared by and advantageous to all members of a given community.