Chelsea is a city in Washtenaw County in the U.S. state of Michigan. The population was 4,398 at the 2000 census, at which time it was a village. In March 2004, by a 995-226 vote, residents approved a change in municipal status from a village into a city. Residents no longer pay property taxes to adjacent Lima Township and Sylvan Township as they had under the village government. The city provides all services formerly provided by both village and township governments.

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....