Many employees understand that the Employee Retirement Income Security Act (ERISA) protects their rights and assets regarding employer-provided group health or retirement plans. However, many may not realize ERISA’s regulations can extend to severance agreements. If you’ve been dismissed and are expecting separation pay or benefits, your employer may be required to follow specific rules […]
Understanding the terms and limitations of an employer’s benefit plans is crucial for employees to make informed decisions about their health and financial well-being. That’s why a federal law known as ERISA requires employers to provide plan participants with detailed information about their group benefits plans. Employers failing to follow ERISA’s regulations can face legal […]
Administering group benefits plans is one of an employer’s most important responsibilities. To ensure employers fulfill their duty to employees, the federal Employee Retirement Income Security Act (ERISA) upholds a set of standards businesses must follow when managing retirement and other qualifying benefits plans. Employers who fail to comply with these regulations can face legal […]
The Employee Retirement Income Security Act of 1974 (ERISA) regulates health and retirement plans offered by private employers and enables policyholders to collect wrongfully denied benefits. ERISA regulations apply nationwide, but many fail to exercise their rights because of their complexity. At the Peace Law Firm, we focus on ERISA, allowing us to guide our […]
The Employee Retirement Income Security Act of 1974 (ERISA) regulates insurance plans offered by private employers. Through ERISA, employees are guaranteed certain rights in insurance coverage. Unfortunately, insurance companies frequently deny claims despite ERISA’s protections. When insurance companies deny a valid wrongful death claim in violation of the law, you may still recover denied benefits […]
The federal Employee Retirement Income Security Act (ERISA) regulates most retirement and health plans private employers offer employees. However, not every employee welfare plan falls under ERISA’s purview. Governmental entities, churches for their employees, and plans maintained solely for workers' compensation, unemployment, or disability laws are generally not covered by ERISA regulations. ERISA does not […]
The Employee Retirement Income Security Act (ERISA) is a crucial, sweeping law. As such, courts are constantly resolving new ERISA issues. Plaintiffs bring new arguments, try novel theories, and focus on different parts of the plan. Meanwhile, different circuit courts respond to those new theories in distinct ways. All of these factors combine to create […]
The Employee Retirement Income Security Act (ERISA) plays a massive role in the benefits of American employees. However, only some people know how ERISA helps them. That means unsavory employers can shortchange employees by providing retirement and pension plans that fail to meet ERISA’s requirements. The best way to combat this behavior is to educate […]
You may have many personal reasons to sue a fiduciary that broke your trust, one of the fundamental reasons likely being significant financial loss. If you are a beneficiary and believe a fiduciary breached their duty, you may have a claim for a civil lawsuit. Key Takeaways What Is a Fiduciary Duty? A fiduciary duty […]
When life throws you a curveball with a disabling condition, wondering who will pay your bills should not be a priority. Your finances should not precede your recovery. Often, when a disabling condition hits your household, finances become an unavoidable cause of concern and anxiety. However, if you have a long-term disability policy, you can […]