Completely destroying something but in a good way so that it leaves people happier. Doing something outrageous, blasphemous or dangerous that is scary while happening but things get more fun when it's over. Turn thingsin a more loud and altogether different direction. Cool on the Bleeding Edge.
My pet python got out of his cage and eristoffed the whole party.
I didn't know the answers to my math test so I drew cartoons all over my answer sheeet and eristoffed it.
Paris Hilton in a confessional with the Pope, now that would eristoff his career.
She eristoffed my Life.
She eristoffs my head each time she lipteases me.
I didn't know the answers to my math test so I drew cartoons all over my answer sheeet and eristoffed it.
Paris Hilton in a confessional with the Pope, now that would eristoff his career.
She eristoffed my Life.
She eristoffs my head each time she lipteases me.
by Bosex October 27, 2008
Get the Eristoff mug.by James F. Kennedy February 6, 2023
Get the Eristicfish mug.(U.S. GOVERNMENT) Employee Retirement Income Security Act (1974); federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans.
Very important law was supposed to ensure that employer pension plans were (a) managed by qualified, ethical people, and (b) those people did not take excessive risks with the funds paid into the pensions.
ERISA was subsequently weakened by a Department of Labor ruling in 1978 that allowed pension fund managers to invest in riskier types of portfolios. At the same time this occurred, financial managers were stuck with negative real interest rates, and high inflation. So there was an urgent need for financial vehicles with high yield.
As a result, pension fund money flowed into the new hedge funds and junk bonds.
Another major change to ERISA was the Consolidated Omnibus Budget Reconciliation Act (COBRA-1986) allows workers recently unemployed from a job to keep their group health insurance coverage for a limited period of time.
ERISA regulations for vesting pension benefits were watered down during the '90's, resulting in massive risk taking and erosion of income security for middle class Usonians.
Very important law was supposed to ensure that employer pension plans were (a) managed by qualified, ethical people, and (b) those people did not take excessive risks with the funds paid into the pensions.
ERISA was subsequently weakened by a Department of Labor ruling in 1978 that allowed pension fund managers to invest in riskier types of portfolios. At the same time this occurred, financial managers were stuck with negative real interest rates, and high inflation. So there was an urgent need for financial vehicles with high yield.
As a result, pension fund money flowed into the new hedge funds and junk bonds.
Another major change to ERISA was the Consolidated Omnibus Budget Reconciliation Act (COBRA-1986) allows workers recently unemployed from a job to keep their group health insurance coverage for a limited period of time.
ERISA regulations for vesting pension benefits were watered down during the '90's, resulting in massive risk taking and erosion of income security for middle class Usonians.
Because the 1978 changes in federal policy were correlated with the flows of venture capital while the 1986 change was not, it seems reasonable to infer than the ERISA ruling was probably more important than the reduction in the capital gains tax in stimulating the flow of venture capital in 1978.
{William D. Bygrave, Jeffry A. Timmons, *Venture capital at the crossroads* Harvard (1992), p.272}
In most years since 1986, Congress has passed revisions to ERISA; during this time, voluntary pension funds have become a tool of economic policy management.
{William D. Bygrave, Jeffry A. Timmons, *Venture capital at the crossroads* Harvard (1992), p.272}
In most years since 1986, Congress has passed revisions to ERISA; during this time, voluntary pension funds have become a tool of economic policy management.
by Septimus Severance September 6, 2010
Get the ERISA mug.by yes g June 22, 2019
Get the existance mug.Mackenzie: do you think eleven from stranger things has Epistaxiophobia
Abbie: what's that
Mackenzie: the fear of nosebleeds, duh?
Addie: no? she has like 50 nose bleeds per episode
Abbie: what's that
Mackenzie: the fear of nosebleeds, duh?
Addie: no? she has like 50 nose bleeds per episode
by psychoticvoid June 10, 2020
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by snuffmaster March 25, 2008
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