Which of the following are covered by ERISA? A. Nongovernmental agencies B. Federal agencies C. State agencies D. All of the above

ERISA, or the Employee Retirement Income Security Act, primarily focuses on private sector employees, meaning it covers nongovernmental agencies but not federal or state agencies. The act ensures that employees receive the benefits promised by their employers, putting in place crucial protections and standards for retirement and health plans. Interestingly, while federal agencies and state government plans are not covered by ERISA, many states have enacted their own laws to regulate public employee benefits. This mix of state and federal regulations creates a unique landscape for employee benefits, providing employees in some sectors with additional protections not found under ERISA!