Preprint
Does an Employer Commit a Prohibited Transaction When it Contributes Property in Lieu of Cash to a Pension Plan (91-1677)
Social Science Research Network : SSRN
SSRN
2021
Abstract
In 1974, Congress enacted the Employee Retirement Income Security Act ("ERISA"), a broad-reaching statute substantially increasing federal regulation of pension and other employee benefit plans. Among the congressional concerns motivating passage of ERISA were three that are relevant to this case: (1) improving the funding levels of defined benefit plans; (2) curbing the misuse of pension plan assets by employers (and others); and (3) ensuring that employees who participate in defined benefit plans are paid benefits if their plan terminates with insufficient assets to meet its benefit commitments
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Details
- Title
- Does an Employer Commit a Prohibited Transaction When it Contributes Property in Lieu of Cash to a Pension Plan (91-1677)
- Creators
- Norman P Stein
- Publication Details
- Social Science Research Network : SSRN
- Publisher
- SSRN
- Number of pages
- 5 pages
- Resource Type
- Preprint
- Language
- English
- Academic Unit
- [Retired Faculty]
- Identifiers
- 991021867254504721