What federal law regulates companies that establish employee health and pension plans?

The federal law that regulates companies establishing employee health and pension plans is the Employee Retirement Income Security Act (ERISA). ERISA was enacted in 1974 to protect the interests of employee benefit plan participants and their beneficiaries by setting standards for pension and health plans in the private industry. This includes providing information about the plans, such as their funding, fiduciary responsibilities, and grievance and appeals processes.

ERISA also imposes specific obligations on plan administrators and sets forth guidelines for reporting and disclosure to ensure that employees are adequately informed about their benefits. By establishing these regulations, ERISA helps safeguard the financial integrity of health and pension plans, ensuring that employees receive the benefits promised by their employers.

While the other options mentioned relate to health care or employee benefits in various capacities, they do not serve as the comprehensive federal law specifically governing employee benefit plans like ERISA does.