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The article reports that the provisions of the U.S. Employee Retirement Income Security Act (ERISA) of 1974, is encouraging services to evaluate fund performance for pension fund managers. According to the vice president of Becker Securities Corp., Robert T. Brehm, the law requires the pension officer to authorize certain responsibilities in money management, and stay informed and prudent with the selection of an outside manager and his performance.

The article reports on the protests from the various pension fund managers in the U.S. after the Labor Department issued Form EBS-1, which all the pension plans must file by August 31, 1975 as a part of the U.S. Employee Retirement Income Security Act of 1974.

The article discusses government regulation of pension funds in the U.S. as of October 1, 1975. The author focuses on the pension funds of blue-collar workers' labor union Teamsters Union, the Employee Retirement Income Security Act (ERISA,) and pension fund management liability and fees. Also mentioned are fiduciary malpractice, Marshall Rattner president of liability insurance company Professional Indemnity Agency, and investment management company U.S. Trust Co.

The article discusses the U.S. government's Civil Service pension fund as of August 15, 1975. The author focuses on inflation, the Consumer Price Index (CPI), and the fund's liabilities. Also mentioned are actuaries, interest payments, and cost-of-living. Further discussed is number of retirees, military retirees, and the Employee Retirement Income Security Act.