Osakis is a city in Douglas and Todd counties in the U.S. state of Minnesota. The population was 1,567 at the 2000 census. Osakis was founded in 1857. The town takes its name from the beautiful lake on which the town is located.. The name Osakis is thought to mean place of the Sauk and commemorates a small group of Sauk Indians who lived near the lake in the early 19th century. The main part of Osakis is in Douglas County; only a small part of the city extends into Todd County. Osakis is situated on the southwest shore of Lake Osakis, on Minnesota State Highway 27. Osakis is about one mile from exit 114 of Interstate 94.

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 Minnesota

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....