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ERISA

American  
[uh-ris-uh] / əˈrɪs ə /

noun

  1. Employee Retirement Income Security Act.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

He points to ERISA’s foundational “prudent man” standard: Fiduciaries must make decisions with the care and skill that a prudent expert would use — always in the best interest of plan participants.

From MarketWatch

The Employee Retirement Income Security Act of 1974, called ERISA, requires retirement plan administrators to act solely in the interest of participants in the plan.

From Reuters

Circuit Court of Appeals last year upheld the judge's decision, finding that the law does not require employers to create new plans or amend existing ones, thus is not barred by ERISA.

From Reuters

It was one of a series of lawsuits challenging companies' management of defined contribution plans under the federal Employee Retirement Income Security Act, or ERISA.

From Reuters

Health plans governed by federal Erisa regulations may have additional protections against legal actions brought under state law, benefits experts said, as long as the services were legal in the state where they were provided.

From New York Times