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?
