The Employee Retirement Income Security Act (ERISA) Seminar

Please join JASK and Neace Lukens, at the Kentucky Chamber of Commerce for an ERISA, Healthcare Reform and FMLA seminar on 

February 20th 2013 from 8:30 AM to 12 Noon. 

Registration begins at 8:30. 

The information covered in this seminar will be relevant for CFOs & Human Resource Professionals. There will be 3 CE credits available for HR professionals in attendance. 

Our speaker is Clint Carter, Regional Sales Director for Compliance Services from Total Administrative Services Corporation or TASC. 

You can contact Brian Nichols 502-259-9271 or David Combs 606-682-3470 with any questions.

The Employee Retirement Income Security Act (ERISA)

The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for pension plans in private industry. ERISA does not require any employer to establish a pension plan. It only requires that those who establish plans must meet certain minimum standards. The law generally does not specify how much money a participant must be paid as a benefit. ERISA requires plans to regularly provide participants with information about the plan including information about plan features and funding; sets minimum standards for participation, vesting, benefit accrual and funding; requires accountability of plan fiduciaries; and gives participants the right to sue for benefits and breaches of fiduciary duty.
ERISA also guarantees payment of certain benefits through the Pension Benefit Guaranty Corporation, a federally chartered corporation, if a defined plan is terminated.
The Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) enforces ERISA.