Pension Plans must meet a wide range of fiduciary, reporting, and disclosure requirements, with regulations defining such concepts as the value of plan assets, what is adequate consideration for the sale of assets, the effects of participants having control over the assets in their plans, etc. Welfare Benefit Plans also must meet a wide range of fiduciary, reporting, and disclosure requirements. These provisions cover group health plans of employers with 20 or more employees on a typical business day in the previous calendar year. It provides for safeguarding of union funds, reporting and disclosure of financial transactions, and administrative practices of union officials, labor consultants, etc. These provisions protect employees who exercise their rights under these Acts to complain about employers, ask for information, etc.
Remedies can include back wages and reinstatement.
Veteran's Reemployment Rights ensure that those who served in the armed forces have a right to reemployment with the employer they were with when they went in service, including protection for those called up for the Reserves or National Guard. Garnishment of Wages by employers is subject to regulation under the Consumer Credit Protection Act.