The Employee Retirement Income Security Act (ERISA) became law
On Sept 2, 1974, Congressman John N. Erlenborn from Virgnia, the ranking Republican on the House Committee, was responsible for bringing the Employee Retirement Income Security Act of 1974 (ERISA) to a floor vote, and is one of the ERISAメs “Founding Fathers.” Together with Senator Jacob Javits (R-NY), Senator Pete Williams (D-NJ) and Congressman John Dent (D-PA), Erlenborn crafted provisions and participated in negotiations that were instrumental to the enactment of ERISA which was – and remains – the single most important legislation governing employee benefit plans in the U.S. creating a growing source of new investment capital.
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Source: U.S. Department of Labor
Credit: Photo: Courtesy of U.S. Dept of HHS