Loves Park is a city in Winnebago County, Illinois, United States. In recent years, the city spread across the eastern Winnebago county line and now reaches into Boone County, Illinois. The population was 20,044 at the 2000 census. A special Census conducted in 2005 revealed the total population of Loves Park, IL to have grown to 22,476. Loves Park is part of the Rockford, Illinois Metropolitan Statistical Area.

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....