With all the news lately, one may have missed the recent ERISA Supreme Court decision. Specifically, it found a recent effort by Alabama to reduce ERISA prescription drug prices was legal and enforceable. ERISA As a primer, the Employee Retirement Income Security Act...
Your Employee Rights Are At Stake
ERISA Benefits
What is ERISA and how does it help disabled workers?
The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that provides important protections for workers. ERISA regulates the retirement plans of private employers, as well as disability insurance plans offered by employers to employees as part of...
Should ERISA apply to troubled public pensions?
The Employee Retirement Income Security Act, known as ERISA, resulted from poor management and unfair vesting rules from private employers. The federal government passed the law in 1974 to impose regulations on vesting rules and funding of company pensions. Companies...
Department of Labor proposes new rule on ERISA
Readers of our blog are likely familiar with ERISA, the Employee Retirement Income Security Act of 1974. ERISA sets the minimum standards for most public-sector employer-provided health and retirement plans, and this blog covers the topic extensively. Naturally then,...
Retirement plans that are protected by federal legislation
The Employee Retirement Income Security Act (ERISA) is federal legislation that allows government officials to maintain oversight over different employee-administered welfare plans and benefits. Some of the programs that federal officials oversee include health...
Who qualifies for Consolidated Omnibus Budget Reconciliation Act?
If you have a job with health insurance, then you may not want to do anything to jeopardize your access to those benefits. What happens if you leave your job though? You may assume that you'll become uninsured if you do. That's not necessarily the case though. You may...
The Employment Retirement Income Security Act protects your money
The Employment Retirement Income Security Act (ERISA) was signed into law by President Gerald Ford on Sept. 2, 1974. Although it's undergone many updates since then, it has much the same aim as it originally did. ERISA was enacted to make sure that those who manage...
Plan ambiguity costs employer $4 million
The pension plans and benefits packages of private sector employees in the District of Columbia and around the country are protected by the Employee Retirement Income Security Act. ERISA claims are often filed over alleged breaches of fiduciary duties connected to...
What to consider before signing an employment contract
Employers in the Washington, D.C., area operate in one of the nation's most competitive job markets. Attracting qualified candidates will usually require offering a comprehensive benefits package as well as an attractive salary. Many of the benefits offered by...
The protections offered by ERISA
Employees in the Washington, D.C., area and throughout the country may be covered by the federal Employee Retirement Income Security Act of 1974 (ERISA). It applies to most retirement and health plans, and it sets rules as to the information employees who are covered...