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Legal, Safety, and Regulatory Requirements Presentation

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Monico Torres

on 3 June 2015

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Transcript of Legal, Safety, and Regulatory Requirements Presentation

"Common sense and compassion in the workplace has been replaced by litigation."
Do you agree or disagree?
Managers and employees are constantly plagued by the idea that any mistake will end in a lawsuit.
Thus common sense and compassion have often been compromised when policy and regulation govern.
Employee Retirement Income Security Act of 1974
Also known as ERISA
If an employer provides a retirement plan, ERISA protects it.
Labor Management Relations Act of 1947
Also known as LMRA or Taft-Hartley Act
Legal, Safety, and Regulatory Requirements Presentation
Any Questions??
Purpose was to protect the right of employees from unfair practices of unions
Imposed that unions bargain in good faith
Prohibited secondary boycotts
Prohibited closed shops
Employers were given right to sue the union in court for contract violations
Unions were prohibited from charging excessive dues or initiation fees
First major revision to National Labor Relations Act of 1935
By Monico Torres
HCS/341
I agree...
References
1947 Taft - Hartly substantive provisions. (n.d.).
National Labor Relations Board
. Retrieved from: http://
www.nlrb.gov/who-we-are/our-history/1947-taft-hartley-substantive-provisions
Employee retirement income security act - ERISA. (n.d.). United States Department of Labor. Retrieved
from: http://www.dol.gov/dol/topic/health-plans/erisa.htm
Sohn, D. (2013). Negligence, genuine error, and litigation.
International Journal of General Medicine
, 6 ,
pg-49-56. Retrieved from: http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3576054/
The basic labor laws (United States of America). (n.d.). Industrial Workers of the World. Retrieved from:
http://www.iww.org/organize/laborlaw/Lynd/Lynd3.shtml
Union membership in California - 2014. (2015).
Bureau of Labor Statistics
. Retrieved from: http://
www.bls.gov/regions/west/news-release/unionmembership_california.htm
According to the US Dept of Labor, it is a federal law that sets minimum standards for retirement plans.
ERISA...
requires plans to provide participants with information about the plan.
sets minimum standards for participation, vesting, benefit accrual and funding.
requires accountability of plan trustees.
gives participant the right to sue for benefits and breaches of legal duty.
guarantees payments of certain benefits if defined plan is terminated.
However, ERISA does not require any employer to establish a retirement plan.
The LMRA protects employees from the unlawful acts of unions. From a 2014 study, there are 14 million union employees in California. While the membership to unions is declining, it is important to know how unions benefit employees and how they are protected from any unlawful acts.
LMRA of 1947
The ERISA sets standards for those employers who provide retirement options. This protects the money that is placed into retirement plans and guarantees it will be there when the time comes.
Coming back full circle
Full transcript