Question 1

Although ERISA has sweeping preemptive impact on most state laws, it specifically exempts _____ from its preemptive powers.

Accepted Answer

A) state workers' compensation laws 
B) retired pensioners' benefit laws 
C) immigrant laborers' compensation laws 
D) health care providers' compensation laws

Question 2

The disqualifications of an out-of-work employee include:

Accepted Answer

A) unemployment. 
B) current welfare benefits. 
C) willful misconduct. 
D) whistleblowing.

Question 3

Discuss workers' compensation.

Accepted Answer

The answer of Discuss workers' compensation....

Question 4

The Social Security system was originally formed as:

Accepted Answer

A) a benefit and health insurance plan. 
B) old age and survivor's insurance. 
C) social welfare benefits for minorities. 
D) a voluntary retirement and health insurance plan.

Question 5

Explain the concept of litigating unemployment claims.

Accepted Answer

The answer of Explain the concept of litigating unemployment claims....

Question 6

Explain the concept of a fiduciary.

Accepted Answer

The answer of Explain the concept of a fiduciary....

Question 7

The Jones Act is applicable to:

Accepted Answer

A) sailors. 
B) retirees. 
C) medical professionals. 
D) war veterans.

Question 8

In Meyer v. Burger King Corporation , the Washington Supreme Court declined to limit the child's remedy to the provisions of the:

Accepted Answer

A) Fair Labor Standards Act. 
B) Workers' Compensation Act. 
C) National Labor Relations Act. 
D) Equal Employment Opportunity Act.

Question 9

Using the terminated employee's potential eligibility for unemployment benefits, and the company's ability to oppose the former employee's claim, presents some danger to the employer who abuses this leverage.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is not true of the Employee Retirement Income Security Act (ERISA)?

Accepted Answer

A) It sets standards of conduct and responsibility upon pension fund fiduciaries. 
B) It applies to plans maintained solely for the purpose of complying with state workers'  compensation. 
C) It requires pension plan administrators to disclose relevant financial information to  employees and the government. 
D) It provides legal remedies to employees and their beneficiaries in the event of violations.

Question 11

The two main features of the Employee Retirement Income Security Act (ERISA)-the  imposition of standards for fiduciary conduct and responsibility and the setting of minimum  standards for pension plan requirements-have different bases for their coverage.

Accepted Answer

A) True 
 B)False

Question 12

Unemployment compensation litigation starts with the active worker's application for benefits.

Accepted Answer

A) True 
 B)False

Question 13

What are the three major benefits that fall under the Social Security system?

Accepted Answer

The answer of What are the three major benefits that...

Question 14

Welfare plans usually provide participating employees and their beneficiaries with all of the following except :

Accepted Answer

A) unemployment benefits. 
B) medical coverage. 
C) pension benefits. 
D) death benefits.

Question 15

Define unemployment compensation.

Accepted Answer

The answer of Define unemployment compensation....

Question 16

Under the ACA:

Accepted Answer

A) Individuals would have to be covered by a group health insurance plan. 
B) Unmarried children would be able to continue coverage under their parents' group health insurance plans to age 26, if they lack group health insurance of their own. 
C) Individuals not covered by a health insurance plan might have to pay a penalty. 
D) All of these answers.

Question 17

The Employee Retirement Income Security Act (ERISA)sets the standards for pension plans on all of the following aspects except :

Accepted Answer

A) fiduciary conduct. 
B) asset management. 
C) information disclosure. 
D) plan taxation.

Question 18

The Federal Employment Liability Act (FELA)was enacted in recognition of the incredible number of casualties in the mining industry.

Accepted Answer

A) True 
 B)False

Question 19

Under the social security system, a worker is considered disabled when a severe physical or  mental impairment prevents that person from working for a year or more or is expected to  result in the victim's death.

Accepted Answer

A) True 
 B)False

Question 20

Which one of the following is not true of the Employee Retirement Income Security Act (ERISA)?

Accepted Answer

A) It sets the minimum standards and requirements that the pension plan must meet. 
B) It seeks to ensure that all employees covered by pension plans receive the benefits due them under the plans. 
C) It does not apply to employee benefit plans that are established by federal, state, or local government employers. 
D) It requires an employer to provide a pension plan for its employees.

Exam 21: The Employees Safety Nets: Unemployment and Workers Compensation, Social Security, and Retirement Plans

Although ERISA has sweeping preemptive impact on most state laws, it specifically exempts _____ from its preemptive powers.

The disqualifications of an out-of-work employee include:

Discuss workers' compensation.

The Social Security system was originally formed as:

Explain the concept of litigating unemployment claims.

Explain the concept of a fiduciary.

The Jones Act is applicable to:

In Meyer v. Burger King Corporation , the Washington Supreme Court declined to limit the child's remedy to the provisions of the:

Using the terminated employee's potential eligibility for unemployment benefits, and the company's ability to oppose the former employee's claim, presents some danger to the employer who abuses this leverage.

Which of the following is not true of the Employee Retirement Income Security Act (ERISA) ?

The two main features of the Employee Retirement Income Security Act (ERISA)-the imposition of standards for fiduciary conduct and responsibility and the setting of minimum standards for pension plan requirements-have different bases for their coverage.

Unemployment compensation litigation starts with the active worker's application for benefits.

What are the three major benefits that fall under the Social Security system?

Welfare plans usually provide participating employees and their beneficiaries with all of the following except :

Define unemployment compensation.

Under the ACA:

The Employee Retirement Income Security Act (ERISA) sets the standards for pension plans on all of the following aspects except :

The Federal Employment Liability Act (FELA)was enacted in recognition of the incredible number of casualties in the mining industry.

Under the social security system, a worker is considered disabled when a severe physical or mental impairment prevents that person from working for a year or more or is expected to result in the victim's death.

Which one of the following is not true of the Employee Retirement Income Security Act (ERISA) ?