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| Which of the following statements concerning the Employee Retirement Income Security Act of 1974 is incorrect? A. Employers are required to set up a pension plan for all full-time permanent employees. B. In general, an employee’s right to the employer’s contributions vests after 5 years of service. C. In general, an employee’s right to the employee’s contributions vests immediately. D. Pension fund managers must follow standards of pension fund investment. |