Elburn is a village in Kane County, Illinois, United States. The population was 4,751 as of 2006. It is located at the intersection of Illinois Route 38 and Route 47. Elburn is a far-west suburb situated 46 miles (74 km) due west of the Chicago Loop with frequent service on the Union Pacific/West line of the Metra commuter rail system.

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....