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ERISA requires that the employers who sponsor plans satisfy certain minimum funding requirements. ERISA also regulates the manner in which a pension plan may pay benefits. For example, a defined benefit plan must pay a married participant's pension as a "joint-and-survivor annuity" that provides continuing benefits to the surviving spouse ...
The Employee Benefits Security Administration (EBSA) is an agency of the United States Department of Labor responsible for administering, regulating and enforcing the provisions of Title I of the Employee Retirement Income Security Act of 1974 (ERISA).
The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary ...
Third-party fidelity bonds protect businesses against intentionally wrongful acts committed by people working for them on a contract basis (e.g., consultants or independent contractors). In business partnerships, it is the responsibility of the business working as a contractor or subcontractor to carry third-party fidelity bond coverage, though ...
Section 514(b)(6)(A)(ii) [14] of ERISA provides that in the case of an employee welfare benefit plan that is a MEWA, any law of any state that regulates insurance may apply to the extent not inconsistent with Title I of ERISA. Accordingly, if a MEWA is self-funded rather than fully insured, the only limitation on the applicability of state ...
The festivities aren’t limited to Thanksgiving Day. For an entire week leading up to the game, fans visiting the on-site 1919 Kitchen & Tap, which is open at the stadium year-round, can order a ...
Tax bonds, which assure that a business owner will comply with laws relating to the remittance of sales or other taxes. [citation needed] Reclamation and environmental protection bonds; Broker's bonds, including insurance, mortgage, and title agency bonds; ERISA (Employee Retirement Income Security Act) bonds; Motor vehicle dealer bonds ...
Monsalve is being held without bond and charged with confining a child under 13 without the consent of a parent, NBC 6 reported. Local police praised the boy’s rescuers for thwarting a potential ...
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