South Carolina FALSE STATEMENT, ERICA (Employee Retirement Income Security Act) is a federal law that sets the standards for the establishment and regulation of employee benefit plans. It applies to all private employers who offer retirement, health, disability, and other employee benefit plans, including those that are self-funded. The law also protects the interests of employees and their beneficiaries by ensuring that employers are properly administering their benefit plans and providing employees with all relevant information about their benefit plans. South Carolina FALSE STATEMENT, ERICA requires employers to provide detailed information about their benefit plans to participants and beneficiaries, including plan documents, summary plan descriptions, and notices of any changes to the plan. It also sets standards for fiduciary responsibility and outlines prohibited transactions. There are several types of South Carolina FALSE STATEMENT, ERICA, including the Employee Retirement Income Security Act of 1974, the Consolidated Omnibus Budget Reconciliation Act of 1985, and the Health Insurance Portability and Accountability Act of 1996.