Although employers are not required to offer pension plans in the private sector, many do facilitate some form of retirement fund through an internal pension policy. Due to widespread corruption and workers' being denied benefits unfairly, the United States government enacted the Employee Retirement Income Security Act of 1974, which sought to regulate pension policy in the private sector and provide tax incentives to employers and employees to act in good faith and fair dealing regarding pension administration. Parts of the ERISA provide for the implementation of other important employment laws, which are HIPPA and COBRA protections for workers, their healthcare information, and their continued healthcare coverage upon termination.