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Employee Benefits And Erisa Law Lawyers In Novi Michigan

Novi is a city in Oakland County of the U.S. state of Michigan. As of the 2000 census, the population was 47,386. In 2007, the city completed a special census which places the current population at 52,231. The city is located approximately 25 miles (40 km) northwest from the center of Detroit. The city is located within the boundaries of the survey township of Novi Township. Presently, the remaining unincorporated township is only a tiny fraction surrounded by the city. Novi is one of the fastest growing cities in Michigan. The construction of Twelve Oaks Mall in the 1970s made the city a major shopping destination in the Detroit metropolitan area and is often credited with ushering in an era of growth that continues to this day (although, in fact, the community had been growing rapidly since the 1950s). This growth has led to substantial increases in the city's population, as well as commercial and industrial developments in the city. Since the city is a shopping destination for the metropolitan area, the community has become increasingly affluent and developed in recent years.

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 Michigan

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....