Which of the following statements is true of the Fair Labor Standards Act?

A) It makes vesting rights operational after 6 years of service at the most.
B) It provides protection for the funding underlying pension plans.
C) It allows an employee to carry a portion of his or her benefits to another job.
D) It includes provisions for the minimum wage and overtime.

Fair Labor Standards Act

A US federal law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards affecting full-time and part-time workers.

Minimum Wage

The lowest legal hourly pay for workers, as mandated by government regulation, intended to ensure a basic standard of living for employees.

Overtime

Refers to hours worked above the normal 40-hour workweek, for which there is usually a pay premium.