Which of the Following Is True of the Employee Retirement

question 24

Multiple Choice

Which of the following is true of the Employee Retirement Income Security Act of 1974?

• A) The act established certain rights related to vesting.
• B) The act required employers to offer supplemental retirement plans.
• C) The act barred portability of retirement savings.
• D) The act reduced the responsibility of pension plan trustees.
• E) The act guaranteed retirees a pension equivalent to their last drawn salary.

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Definitions:

Executed Prisoners

Individuals who have been put to death as a result of being convicted of certain crimes, under the authority of a legal system.

China

A country in East Asia, known as the world's most populous country, with a rich history, diverse culture, and significant global influence.

United States

A country in North America comprising 50 states, known for its influential role in global affairs, economy, and culture.