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Employee Benefits And Erisa Law Lawyers In Eureka Illinois

Eureka is a city in Woodford County, Illinois, United States. The population was 4,871 at the 2000 census. It is the county seat of Woodford County. The city was founded in the year 1855. Eureka is part of the Peoria, Illinois Metropolitan Statistical Area. Eureka is a small community centered around the intersection of what is now U.S. 24 and Illinois 117. It is also one of the towns along the Ronald Reagan Trail, a series of roads that connect towns in northern Illinois that were of importance to Reagan's early life. It is known for being the location of Eureka College, a private college associated with the Christian Church and the alma mater of former president Ronald Reagan. Reagan graduated from Eureka College in 1932. Eureka styled itself the "pumpkin capital of the world" until its pumpkin-processing plant moved to nearby Morton, Illinois.

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 Illinois

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....