OpenJurist

Employee Benefits And Erisa Law Lawyers In Poquoson Virginia

Poquoson is an independent city located on the Virginia Peninsula, in the Hampton Roads metropolitan area of Virginia. As of 2007, the city population was 11,858, and the median household income was $78,191, the second highest in all of Hampton Roads. The Bureau of Economic Analysis combines the city of Poquoson with surrounding York county for statistical purposes. Poquoson, which was formerly part of York County, became an incorporated town in 1952 and an independent city in 1975. (In Virginia, municipalities incorporated as independent cities are not part of any county. ) However, the ties remain close. Over 30 years after Poquoson became a politically independent entity, some constitutional services such as the courts, sheriff and jail continue to be shared with neighboring York County. Poquoson is one of the oldest continuously named cities in Virginia. It is also one of the few to retain a name which derived from the Native Americans who inhabited the area before colonization by the English began in the 17th century.

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 Virginia

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....