Private sector businesses that provide pension plans to employees are subject to ERISA.
An employment is someone who receives compensation for working for a further person or company. For someone to be considered an employee, they just need to be paid by their employer for their effort; full-time employment is not a need (the person or business that pays them).
The term "employer" refers to a person or a corporate entity operating in the public, private, nonprofit, etc business sectors that employs and compensates workers. Employers set the conditions of work for employees and supply the agreed-upon terms, such as the compensation, in their capacity as the leadership within an organization.
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