ERISA, on the other hand, sets standards for retirement and health benefit plans of privatesector employers. This Compliance Overview includes a set of frequently asked questions (FAQs) to help employers understand ERISA's requirements for reporting and disclosure.Ensure Compliance With ERISA. ERISA eSolutions is an online tool designed to help companies comply with these ERISA requirements. ERISA is a federal law intended to protect the rights and benefits of benefit plan participants. XIX discusses ERISA ESOP litigation. As discussed in more detail below, ERISA is federal law. In other words, URS Defined Benefit Plans are not an ERISA plan. Get the latest legal news on ERISA employee benefit claims, appeals and fiduciary breach litigation with Your ERISA Watch blog. ERISA is a statute that sets the minimum standards for most voluntarily established retirement and health plans in the private sector.