Choice "D" is correct. The Employment Retirement Income Security Act (ERISA) does not require employers to have retirement plans or require contributions to existing retirement plans. ERISA does not mandate that employers are required to include employees as pension-plan managers. ERISA does establish standards for funding and investing and imposes fiduciary duties on pension fund managers. Only choice "D" reflects that employers are not required to establish a pension plan and employees do not need to be included as pension-plan managers.
