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Unformatted text preview: Dental & vision Time Off PTO Vacation Sick leave Sabbatical • What are the key elements of the Employee Retirement Income Security Act (ERISA). o Employee Retirement Income Security Act of 1974 (ERISA ) Protects benefits for workers covered by private pension plans; prohibits unfunded plans Specifies provisions for vesting (time when employer’s contribution belongs to employee) Portability: transfer of retirement funds to IRAs • What are the key elements of the Family Medical Leave Act (FMLA). o Disability- Mandatory Programs Covers employers with 50 or more workers Required to grant up to 12 weeks of unpaid leave annually • For birth/adoption of a child • To care for immediate family member with serious health condition • For employee with serious health condition Employee keeps preexisting health coverage and must be allowed Many states & localities have additional, more stringent requirements....
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- Fall '10