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Trustees' Actions, Requiring The Company Plan To Term Paper

¶ … trustees' actions, requiring the company plan to pay additional fees to the detriment of the interest of the pensioners, may have been abhorrent and unethical, strictly speaking according to the letter of the law, they were not a violation of the specific terms that are covered under ERISA. First of all, ERISA "does not require any employer to establish a pension plan. It only requires that those who establish plans must meet certain minimum standards. The law generally does not specify how much money a participant must be paid as a benefit." (ERISA, "Compliance Assistance," 2005) Nor does it specify that the pension must be of a certain amount, and is not subject to change, dependant upon the whims of the market and other commercial demands. If the employer does maintain a plan, ERISA merely requires that the employee who is eligible to become a part of the pension plan is informed when he or she is "allowed to become a participant, how long you [the employee] have to work before you have a non-forfeitable interest in your pension," if such...

According to the plans original terms, as specified, there was no initial agreement that a certain, stipulated sum had to be paid as part of the pension that could not be forfeited, or if the business dealing delineated in the plan varied from ERISA.
Question 2

The fear upon the part of undocumented workers is usually so great that most would inevitably desist from any legal redress of their rights at all, for fear of being sent back 'where they came…

Sources used in this document:
Work Cited

ERISA. (2005) "Compliance Assistance." Official ERISA website. Retrieved 25 Feb 2005 at http://www.dol.gov/ebsa/compliance_assistance.html#section1

FLSA (2004) Official Website. Retrieved 25 Feb 2005 at http://www.dol.gov/esa/whd/flsa/

ESA. Final Rule. (2002) "Migrant and Seasonal Agricultural Worker Protection" Retrieved 25 Feb 2005 at http://www.dol.gov/esa/regs/fedreg/final/2002031525.htm

Immigration and Reform and Control Act of 1986 (IRCA) Retrieved 25 Feb 2005 at http://www.dol.gov/asp/programs/guide/aw.htm
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