ERISA Bond
An ERISA bond (or ERISA fidelity bond) is an risk management instrument that protects the benefit or pension plan for which it is purchased, from loss due to dishonesty or fraud by the plan’s fiduciaries. The Employee Retirement Income Security Act (ERISA) requires that organizations that have USA employee benefit or pension plans purchase an ERISA fidelity bond and provide evidence of cover to the regulator.
Learn more, read an article about ERISA bonds.