ERISA, otherwise known as the Employee Retirement Income Security Act, protects your disability benefits by setting standards for your employer’s benefits plan. If your disability claim gets unjustly denied, it may be necessary to file a federal lawsuit under ERISA....
Year: 2021
Department of Labor posts new rules for ERISA plan fiduciaries
The Department of Labor recently revised regulations regarding provisions concerning ERISA plan fiduciaries. These new guidelines revolve around shareholder rights such as proxy voting. The new rules impact New Jersey's economic and pecuniary systems. ERISA...
Service providers to ERISA health plans face new disclosure rules
People in New Jersey participating in health plans operating under the terms of the Employee Retirement Income Security Act (ERISA) can expect their plan fiduciaries to know more about what they are paying for. The Consolidated Appropriations Act of 2021 called for...
Who is an ERISA fiduciary, and why does it matter?
Many New Jersey workers have an employer-established plan that provides them with money after their retirement or when they become unable to work. Examples include Internal Revenue Code Section 401(a) pension or profit-sharing plans, Section 403(b) plans, and Section...