Are Junior Colleges exempt from Erisa rules?

[Guest Stephen47]

The following was taken from a recent edition of "Educated Choices" (Vol.8,No.1), a retirement benefits newsletter that addresses fiduciary responsibility. It states: "ERISA dictates the duties, responsibilities and liabilities of only those fiduciaries working in private schools, colleges and universities. Those who work in church organizations or the public education sector are exempt from ERISA rules. Who then has the fiduciary responsibility on the administration of a self insured group health plan for a junior college? Who then is libel if ERISA rules are broken or exceptions are made? Or is this information relating only to retirment plans/savings managenent?

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