While employers are not required to offer benefits to their workers, many employees in New Jersey receive health insurance and other perks through their jobs. Benefits plans that are offered by private employers are covered by the requirements of the Employee...
There are signs your 401k may be being tampered with
New Jersey residents know that their 401k plans will help them live comfortably after they retire. They pay into their plans every year to make sure that when they retire, they have the money that they need to continue to live comfortably. They have every right to...
Workers file ERISA lawsuit against AT&T
Employer-sponsored pension plans in New Jersey and around the country must meet standards laid down by the Employee Retirement Income Security Act. When these standards are not met, employees may file lawsuits against their employers in federal court. One such lawsuit...
Two large corporations face lawsuits with ERISA a factor
New Jersey workers often rely on their pensions and disability insurance as safety nets for the future. ERISA is a fundamental part of protecting workers from employer wrongdoing in these areas. Still, companies are often accused of misdeeds by violating regulations...
Rights on appeal for non-ERISA and ERISA disability claims
People in New Jersey who have private or employer-sponsored temporary or long-term disability insurance may have an important financial safety net if they suffer disabling injuries or illnesses that prevent them from returning to their jobs temporarily or permanently....
Value of ERISA benefits open to legal challenges
The Employment Retirement Income Security Act of 1974, more popularly known as ERISA, protects the retirement incomes of individuals in New Jersey and throughout the country. When disputes arise over ERISA benefits, an "actuarial equivalence" challenge might arise....
Judge sides with retirees in Colgate retirement plan dispute
A federal judge agreed with a class of retirees who say that a calculation error occurred with the benefits they earned from a retirement plan offered by Colgate-Palmolive. The judge explained in her decision that the retirement plan in question began as a...
Settlement reached in Princeton University ERISA case
Princeton University trustees agreed to pay $5.8 billion to resolve an ERISA complaint filed by a former employee enrolled in two of the university's 403(b) plans. The New Jersey university also offered other remedies to demonstrate its goodwill efforts to improve the...
ERISA can ensure full payment of long-term disability claims
Your labors, over time, might result in you developing a partial or full long-term disability that affects your ability to work and earn a living. Long-term disability is a commonly provided benefit via many group and private health insurance plans in and highly...
Employee Retirement Income Security Act violation penalties
Business owners must wear several different hats: While they focus on ensuring that their company turns a profit, they also have to be sure that they are operating within the laws set by government agencies in New Jersey and at the federal level. One law that has to...
