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What is the second-largest Taft-Hartley trust fund in the country?

A. ERISA
B.IBEW
C. NEBF
D. Social Security

1 Answer

4 votes

Final answer:

The second-largest Taft-Hartley trust fund in the country is not clearly specified among the options provided. ERISA is a federal law, while IBEW is a labor union, NEBF is related to Taft-Hartley, and Social Security is a federal program. Additional research is needed to identify the specific fund.

Step-by-step explanation:

The second-largest Taft-Hartley trust fund in the country is not specified within the options provided (ERISA, IBEW, NEBF, Social Security). Taft-Hartley trust funds are multiemployer pension plans that allow workers across different employers to collect benefits from a single plan. The largest is typically considered to be the Central States Pension Fund, which indicates that none of the options listed directly correspond to the second-largest fund. However, as the options seem to reference various types of funds or acts related to labor and employment:

  • ERISA (Employee Retirement Income Security Act) is a federal law that sets minimum standards for most voluntarily established pension and health plans in private industry.
  • IBEW (International Brotherhood of Electrical Workers) is a labor union that does not itself constitute a Taft-Hartley trust fund.
  • NEBF (National Electrical Benefit Fund) is a more specific reference to a Taft-Hartley pension plan, but it's not clear if it is the second largest without additional data.
  • Social Security is a federal government program not a Taft-Hartley fund.

To properly determine the second-largest Taft-Hartley trust fund, further research beyond the provided options would be required.

User Cameron Lee
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