Employee Retirement Income Security Act of 1974
|Employee Retirement Income Security Act of 1974|
|Short Title||Employee Retirement Income Security Act of 1974 (ERISA)|
|Official Text||Employee Retirement Income Security Act of 1974|
|State or Province|
|Regulatory Bodies||United States Congress|
|Scope of the Law||Employment|
|Taxonomy||Decisional Interference, Interrogation|
The purpose of the Employee Retirement Income Security Act of 1974 is to provide for pension reform. The Act prevents retaliation against an individual who decides to testify about the act. Besides, for research and surveys, it is appropriate to ask personal information, in the form of surveys, related to retirement.
Text of the law
SEC. 510. Decisional Interference
It shall be unlawful for any person to discharge, fine, suspend, expel, discipline, or discriminate against a participant or beneficiary for exercising any right to which he is entitled under the provisions of an employee benefit plan, this title, section 3001, or the Welfare and Pension Plans Disclosure Act, or for the purpose of interfering with the attainment of any right to which such participant may become entitled under the plan, this title, or the Welfare and Pension Plans Disclosure Act. It shall be unlawful for any person to discharge, fine, suspend, expel, or discriminate against any person because he has given information or has testified or is about to testify in any inquiry or proceeding relating to this Act or the Welfare and Pension Plans Disclosure Act, The provisions of section 502 shall be applicable in the enforcement of this section.
SEC. 513. Interrogation
Section=(a) (1) The Secretary is authorized to undertake research and surveys and in connection therewith to collect, compile, analyze and publish data, information, and statistics relating to employee benefit plans, including retirement, deferred compensation, and welfare plans, and types of plans not subject to this Act.
(2) The Secretary is authorized and directed to undertake research studies relating to pension plans, including but not limited to (A) the effects of this title upon the provisions and costs of pension plans, (B) the role of private pensions in meeting the economic security needs of the Nation, and (C) the operation of private pension plans including types and levels of benefits, degree of reciprocity or portability, and financial and actuarial characteristics and practices, and methods of encouraging the growth of the private pension system.
(3) The Secretary may, as he deems appropriate or necessary, undertake other studies relating to employee benefit plans, the matters regulated by this title, and the enforcement procedures provided for under this title.
(4) The research, surveys, studies, and publications referred to in this subsection may be conducted directly, or indirectly through grant or contract arrangements.
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