The Employee Retirement Income Security Act Law Act of 1974 is an extensive federal law that delineates rules and minimum standards for company health insurance plans, pension plans and other welfare benefit plans. This law was executed to protect the interests of company employees by:
. Disclosing the financial and other information concerning the law to beneficiaries
. Establishing proper standards of conduct for benefit plan fiduciaries
. Providing for proper solutions and access to the federal courts
The law is governed by (EBSA) Employee Benefits Security Administration which is a division of the U.S department of labor. ERISA’s acquiescence is monitored and regulated through a series of reporting requirements. If you know your employer has acted inappropriately with regard to your pension or benefits, a lawyer specializing in ERISA can help to resolve the dispute and ensure you get the benefits you are entitled to. You can hire National insurance lawyer San Francisco who is well experienced in handling such claims and also files them before the statutory deadline expires.
The law governing such plans differ largely from state to state, therefore seek the assistance of a well experienced attorney.