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Employee Benefits And ERISA Law Lawyers In Bangor Maine

Bangor is a city in and the county seat of Penobscot County, Maine, United States, and the major commercial and cultural center for eastern and northern Maine. It is also the principal city of the Bangor, Maine Metropolitan Statistical Area which encompasses Bangor and all of Penobscot County. As of 2008, Bangor is the third-largest city in Maine, as it has been for more than a century. The population of the city was 31,473 at the 2000 census. The population of the Bangor Metropolitan Statistical Area is over 148,000. The population of the five-county area for which Bangor is the largest market town, distribution center, transportation hub, and media center, is over 325,000 people. Bangor is approximately 30 miles from Penobscot Bay up the Penobscot River at its confluence with the Kenduskeag Stream. It is connected by bridge to the neighboring city of Brewer. Other suburban towns include Orono (home of the University of Maine campus), Hampden, Hermon, Old Town, Glenburn, and Veazie.

What is employee benefits and ERISA law?

ERISA requires plans to provide participants with plan information including important information about plan features and funding; provides fiduciary responsibilities for those who manage and control plan assets; requires plans to establish a grievance and appeals process for participants to get benefits from their plans; and gives participants the right to sue for benefits and breaches of fiduciary duty. Attorneys may represent employees or they may represent the company in the design, preparation, and review of plan, trust, and employee communication documents to implement pension, profit sharing, employee stock ownership, fringe benefit, flexible benefit, and all types of employee welfare plans.

Answers to employee benefits and ERISA law issues in Maine

Individual retirement plans are accounts that you can set up for yourself, without any connection to your employer,...

An employer retirement plan is just what it sounds like: a plan set up by your employer to fund your retirement....