<P> On September 12, 1972, NBC broadcast an hour - long television special, Pensions: The Broken Promise, that showed millions of Americans the consequences of poorly funded pension plans and onerous vesting requirements . In the following years, Congress held a series of public hearings on pension issues and public support for pension reform grew significantly . </P> <P> ERISA was enacted in 1974 and signed into law by President Gerald Ford on September 2, 1974, Labor Day . In the years since 1974, ERISA has been amended repeatedly . </P> <P> ERISA does not require employers to establish pension plans . Likewise, as a general rule, it does not require that plans provide a minimum level of benefits . Instead, it regulates the operation of a pension plan once it has been established . </P> <P> Under ERISA, pension plans must provide for vesting of employees' pension benefits after a specified minimum number of years . ERISA requires that the employers who sponsor plans satisfy certain minimum funding requirements . </P>

Which of the following is not a provision of the employee retirement income security act