img Leseprobe Leseprobe

The Employee Retirement Income Security Act of 1974

A Political History

James Wooten

PDF
ca. 84,99
Amazon iTunes Thalia.de Weltbild.de Hugendubel Bücher.de ebook.de kobo Osiander Google Books Barnes&Noble bol.com Legimi
* Affiliatelinks/Werbelinks
Hinweis: Affiliatelinks/Werbelinks
Links auf reinlesen.de sind sogenannte Affiliate-Links. Wenn du auf so einen Affiliate-Link klickst und über diesen Link einkaufst, bekommt reinlesen.de von dem betreffenden Online-Shop oder Anbieter eine Provision. Für dich verändert sich der Preis nicht.

University of California Press img Link Publisher

Naturwissenschaften, Medizin, Informatik, Technik / Medizin

Beschreibung

This study of the Employee Retirement Income Security Act of 1974 (ERISA) explains in detail how public officials in the executive branch and Congress overcame strong opposition from business and organized labor to pass landmark legislation regulating employer-sponsored retirement and health plans. Before Congress passed ERISA, federal law gave employers and unions great discretion in the design and operation of employee benefit plans. Most importantly, firms and unions could and often did establish pension plans that placed employees at great risk for not receiving any retirement benefits. In the early 1960s, officials in the executive branch proposed a number of regulatory initiatives to protect employees, but business groups and most labor unions objected to the key proposals. Faced with opposition from powerful interest groups, legislative entrepreneurs in Congress, chiefly New York Republican senator Jacob K. Javits, took the case for pension reform directly to voters by publicizing frightening statistics and "horror stories" about pension plans. This deft and successful effort to mobilize the media and public opinion overwhelmed the business community and organized labor and persuaded Javits's colleagues in Congress to support comprehensive pension reform legislation. The enactment of ERISA in September 1974 recast federal policy for private pension plans by making worker security an overriding objective of federal law.

Weitere Titel von diesem Autor
Weitere Titel zum gleichen Preis
Cover CDT 2021 Coding Companion
American Dental Association
Cover Food Microbiology
Thomas J. Montville
Cover Food Microbiology
Thomas J. Montville
Cover Gynecologic Oncology Handbook
M. Yvette Williams-Brown

Kundenbewertungen

Schlagwörter

labor, history, javits, politics, political history, finance, jacob k javits, pension reform, employee benefits, nonfiction, retirement plans, labor unions, business economics, employee retirement income security act, erisa, health plans, personal finance, health policy, insurance, retirement, unions, pensions, private pension plans, government policy, worker security, capitalism, free markets, federal law, government regulation, marxism, legislation, congress