Statute Title I: Protection of Employee Benefit Rights Title I protects employees' rights to their benefits. The following are some of the ways in which it achieves that goal: Participants must be provided plan summaries. Employers are required to report information about the plan to the Labor Department and provide it to participants upon request. The information is reported on Form 5500, which is available for public inspection. If a participant requests, the employer must provide the participant with a calculation of her or his accrued and vested pension benefits. Employers have fiduciary responsibility to the participants and to the plan. Certain service providers, such as investment managers, have fiduciary responsibilities to the plan. Certain transactions between the employer and the plan are prohibited. Certain transactions between fiduciary and the plan, or between the plan and certain "parties in interest" are prohibited (unless otherwise exempt). A pension plan is barred from investing more than 10% of its assets in employer securities. Title I also includes the pension funding and vesting rules described above. The United States Department of Labor's Employee Benefits Security Administration ("EBSA") is responsible for overseeing Title I, promulgating regulations implementing and interpreting the statute as well as conducting enforcement. Plan fiduciaries and plan participants may also bring certain civil causes of action in Federal Court. Title II: Amendments to the Internal Revenue Code Relating to Retirement Plans Title II amended the Internal Revenue Code (IRC). The changes include the following: Addition of various requirements for a pension plan to be tax-favored ("qualified"), including: The plan must offer retirees the option of a joint-and-survivor annuity Plan benefits may not discriminate in favor of officers and highly paid employees Plans are subject to the pension funding and vesting rules described above. Imposition of maximum limits on the annual benefit that may be paid from a qualified defined benefit pension plan and the annual contribution that may be made to a qualified defined contribution pension plan The creation of individual retirement accounts (IRAs). Revision of rules concerning the maximum tax deduction allowed with respect to a contribution to a pension plan Imposition of an excise tax if the employer fails to make a required contribution to a pension plan or engages in transactions prohibited by ERISA Title III: Jurisdiction, Administration, Enforcement; Joint Pension Task Force, Etc. Title III outlines procedures for co-ordination between the Labor and Treasury Departments in enforcing