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.

Recognize the factors influencing conformity, including normative and informational social influences.

Identify the impact of group presence on individual performance, elaborating on social facilitation and its conditions.

Analyze the effects of social influences on decision making and behavior in various contexts.

Distinguish between different social psychology experiments and their purposes relating to conformity and obedience.

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Definitions:

Social Security

A government program that provides monetary assistance to people with an inadequate or no income.

Aggregate U.S. Health Care Spending

The total amount of money spent on health care services in the United States over a specified period.

GDP

Gross Domestic Product; the total market value of all goods and services produced within a country in a specific time period.

U.S. Health Care System

A complex organization of doctors, hospitals, insurance companies, and regulatory agencies providing health care services within the United States.