Advanced English Dialogue for Business – Employee retirement income security act

Listen to a Business English Dialogue about Employee retirement income security act

John: Hi Hailey, have you heard of the Employee Retirement Income Security Act?

Hailey: Hi John, yes, I have. It’s a federal law that sets minimum standards for pension plans in private industry.

John: That’s right. It aims to protect the interests of participants in employee benefit plans and their beneficiaries. Do you think it’s effective in achieving its goals?