Public Employee Retirement Income Security Act of 1978: Hearing Before the Subcommittee on Labor Standards of the Committee on Education and Labor, House of Representatives, Ninety-fifth Congress, Second Session, on H.R. 14138 ... Wheaton, Ill., on November 15, 1978U.S. Government Printing Office, 1979 - 277 pages |
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Common terms and phrases
accepted accounting principles accepted auditing standards actuarial present value actuarial value AFSCME agency AICPA amended amount annual report Anti-Injunction Act apply assumptions bank Board Certified Public Accountants cost court Declaratory Judgments Act EGAN employee benefit plans employee contributions Employee Retirement Income enrolled actuary ERISA ERLENBORN established Federal Government fiduciary standards financial statements funding methods governmental plans Illinois Income Security Act independent auditor insurance carrier Internal Revenue Code investment legislation LIBRARY OF CONGRESS ment minimum funding requirements officer opinion paragraph participants and beneficiaries pension benefit pension systems Pension Task Force percent PERISA bill person plaintiff plan participants plan's problems procedures provisions public accountant public employee pension Public Employee Retirement public pension funds public pension plans public plans regulation reporting and disclosure respect Retirement Income Security SCHOTLAND Section 103 SIMON specialist subsection term tion trustees unfunded accrued liabilities vesting Winklevoss
Popular passages
Page 162 - ... and declares only that the powers "not delegated to the United States, nor prohibited to the States, are reserved to the States or to the people.
Page 135 - And at this term we upheld the minimum wage and maximum hour provisions of the Fair Labor Standards Act of 1938.
Page 65 - Any person who is a fiduciary with respect to a plan who breaches any of the responsibilities, obligations, or duties imposed upon fiduciaries by this title shall be personally liable to make good to such plan any losses to the plan resulting from each such breach, and to restore to such plan any profits of such fiduciary which have been made through use of assets of the plan by the fiduciary...
Page 149 - After July first, nineteen hundred forty, membership in any pension or retirement system of the state or of a civil division thereof shall be a contractual relationship, the benefits of which shall not be diminished or impaired.
Page 135 - We hold that insofar as the challenged amendments operate to directly displace the States' freedom to structure integral operations in areas of traditional governmental functions, they are not within the authority granted Congress by Art.
Page 6 - Employer" includes any person acting directly or indirectly in the interest of an employer in relation to an employee...
Page 67 - Except as provided in sections 405(b) (1) and 405(d), any provision in an agreement or instrument which purports to relieve a fiduciary from responsibility or liability for any responsibility, obligation, or duty under this part shall be void as against public policy.
Page 252 - ... prepared by a bank or similar institution or insurance carrier regulated and supervised and subject to periodic examination by a State or Federal agency if such statements are...
Page 19 - ... any organization through which benefits are provided; the date of the end of the plan year and whether the records of the plan are kept on a calendar, policy, or fiscal year basis; the procedures to be followed in presenting claims for benefits under the plan and the remedies available under the plan for the...
Page 53 - Subject to sections 403 (c) and (d), 4042, and 4044, a fiduciary shall discharge his duties with respect to a plan solely in the interest of the participants and beneficiaries...