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Employee Retirement Income Security Act of 1974 (ERISA)

Legislation enacted in 1947 that protects workers from losing benefits that are provided through the workplace. The Act does not require employers to establish a benefit plan for employees but does include requirements for the plan when one is in place.

Medicare

A federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease. The government…