Question $38$

Which of the following statements is true of the Employee Retirement Income Security Act $($ERISA$)?$

a$.$

It specifies which employees are covered by overtime provisions and which are exempt.

b$.$

It makes vesting rights operational after $4$ years of service at the most.

c$.$

It prevents organizations from establishing private pension plans.

d$.$

It allows an employee to carry a portion of his or her benefits to another job.