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ERISA

What should you know about ERISA?

The Employee Retirement Income Security Act (ERISA) is a federal law that sets minimum standards for most voluntarily established pension and health plans in the private sector to protect individuals who benefit from these plans. Instituted in 1974, ERISA is designed...

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Three things to know about ERISA

The Employee Retirement Income Security Act, or ERISA, ensures that hard-working adults have financial stability in retirement. The act has specific guidelines that all employers must follow. Employees must ensure they know their rights under ERISA to be sure they’re...

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Supreme Court rules on ERISA heath care reform

The Employment Retirement Income Security Act sets minimum federal standards for voluntarily established pensions and other benefit plans for employees. It also contains broad federal powers that block or preempt state regulation of certain health insurance plans. In...

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What are ERISA’s main provisions?

In all likelihood, the Employee Retirement Income Security Act of 1974 protects your pension or retirement plan. If you also have a welfare benefit plan, ERISA likely protects that as well. The Department of Labor’s Employee Benefits Security Administration explains...

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What are the penalties for ERISA violations?

New York residents have several protections as workers. Many laws are in place that help keep you and your rights safe. The Employee Retirement Income Security Act (ERISA) is one of these things. This labor law establishes standards for pension plans. It sets minimum...

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Taking advantage of ARPs

As the U.S. economy slowly begins to recover from the recent economic issues, employers will no doubt begin to return to the practice of making new hires. With many out there looking to return to the labor force, companies in New York will need to work harder than...

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