Exam SPHR topic 1 question 7 discussion

Actual exam question from HRCI's SPHR

Question #: 7
Topic #: 1

Your organization offers an employees' retirement benefit program that is covered by the Employee Retirement Income Security Act of 1974. The administrative responsibility for enforcement of the Employee Retirement Income Security Act of 1974 is divided among three government agencies. Which one of the following is not a government agency that helps to enforce ERISA?

A. IRS
B. Department of Labor
C. Pension Benefit Guaranty Corporation
D. FDIC

Show Suggested Answer

Suggested Answer: D 🗳️
Answer option D is correct.
The FDIC is not one of the three agencies that help to enforce the requirements of ERISA.
Answer options A, B, and C are incorrect. The IRS, Department of Labor, and Pension Benefit Guaranty Corporation are the three agencies that do help to enforce the requirements of ERISA.
Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US HR Body of Knowledge.
Chapter: Core Knowledge Requirements for HR Professionals
Objective: Employee Records Management

by pekata at April 5, 2025, 6:27 p.m.

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