Savoonga is a city in Nome Census Area, Alaska, one of two on St Lawrence Island in the Bering Sea. As of the 2000 census, Savoonga's population was 643. Savoonga was incorporated in 1969, and in 1971 became the joint owner with Gambell of the entire island. The local economy consists largely of subsistence hunting for walrus, seals, fish, and bowhead whales; the city calls itself the "Walrus Capital of the World". A dogsled mail service operated here until 1963.

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 Alaska

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....