Retirement Income Security for Employees Act

[AI summary unavailable — showing source text] Retirement Income Security for Employees Act Title I: - Administration - Establishes within the Internal Revenue Service an Office of Employee Plans and Exempt Organizations. Authorizes to be appropriated to the Department of the Treasury for the purpose of carrying out all functions of the Office for each of the fiscal years 1974, 1975, and 1976, an amount equal to the sum of $35,000,000 and one-half of the collections from the taxes imposed under section 4910 of the Internal Revenue Code (relating to excise tax based on investment income). Requires certain specified Federal, State, and private pension plans to be registered annually with the Secretary of the Treasury. Directs the Secretary of the Treasury to transmit any statements, reports, or other information obtained by him under this section to the Secretary of Health, Education, and Welfare. Title II: Participation, Vesting, Funding Certain Benefits - Sets forth minimum standards for participation, vesting, and funding of trusts created or organized in the United States to form a qualified pension, profit-sharing, or stock bonus plan under section 401 of the Internal Revenue Code. Requires every employer to, in accordance w…