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The Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry.
What has changed since the law was enacted. ERISA turned 50 in September. The job market, the state of the middle class, and the nature of work have all evolved in that half-century. Here are some ...
“ERISA reimbursement” claims began arising in the late 1980s and have been resisted by some federal courts. [5] According to industry statistics, ERISA plans and related insurers are collecting close to $1 billion per year through the seizure of tort recoveries or other contractual payments received by insured personal injury victims. [6]
Individual retirement arrangements were introduced in 1974 with the enactment of the Employee Retirement Income Security Act (ERISA). [8] Taxpayers could contribute up to fifteen percent of their annual income or $1,500, whichever is less, each year and reduce their taxable income by the amount of their contributions. [8]
This page was last edited on 30 August 2017, at 19:35 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a law passed by the U.S. Congress on a reconciliation basis and signed by President Ronald Reagan that, among other things, mandates an insurance program which gives some employees the ability to continue health insurance coverage after leaving employment.
The Statute of Artificers 1562, passed in the fifth year of Elizabeth I of England's reign, as well as the poor law of the same year, was to a considerable extent both a consolidating and an amending code of law, and was so securely based on public opinion and deeply rooted custom that it was maintained in force for two centuries.
Historically, the UK recognised the right to strike at least since 1906. [284] UK tradition has inspired the International Labour Organization Convention 87 (1948) articles 3 and 10, [285] the case law of the European Court of Human Rights under article 11, [286] and the EU Charter of Fundamental Rights article 28. However, the scope of the ...