Durham is a city in the U.S. state of North Carolina. It is the county seat of Durham County and also extends into Wake county. It is the fifth largest city in the state by population, with 223,284 residents as of July 1, 2008. Durham County as of July 1, 2008 has 262,715 residents. It is the home of Duke University and North Carolina Central University, and is also one of the vertices of the Research Triangle area (home of the Research Triangle Park). Durham is the core of the four-county Durham MSA, which has a population of 489,762 as of July 1, 2008. The US Office of Management and Budget also includes Durham as a part of the Raleigh-Durham-Cary Combined Statistical Area, which has a population of 1,578,527 as of July 1, 2008.

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 North Carolina

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....