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Employee Benefits And Erisa Law Lawyers In Lincolnshire Illinois

Lincolnshire is a village in the Vernon Township region of Lake County, in the U.S. state of Illinois. The village is a suburb of Chicago, a city in the adjacent Cook County. Its population was 6,108 at the time of the 2000 census. Lincolnshire was incorporated on August 5, 1957, from the unincorporated Half Day area when land was purchased to build a residential subdivision. The community underwent an aggressive era of expansion from 1983 to the 1990s. The Des Plaines River bisects the village, passing from north to south; Illinois Route 22 also divides the village into two parts, crossing the village from east to west. Lincolnshire is home to the public secondary Adlai E. Stevenson High School institution and the schools that compose the elementary Lincolnshire-Prairie View School District 103. It serves as the headquarters for corporations including the global outsourcing company Hewitt Associates, and is the base of operations for the Newman-Haas Racing team. The village of Lincolnshire hosts several festivals (including one mirroring the Taste of Chicago) annually in either commercial establishments such as City Park or the Village Green, or in one of its nine public parks. Additionally, the village maintains a police department that closely collaborates with its local school districts. Lincolnshire manages a public works system at the direct expense of the village; it retrieves all of its water from the city of Highland Park, which derives its water from adjacent Lake Michigan. The village has a council-manager government and is a home-rule municipality. The mayor of Lincolnshire is Brett Blomberg.

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....