Employment Retirement Income Security Act
Employees today are educating themselves on their retirement plans more frequently than they used to as more people close to retirement age are finding that their retirement plans and benefits are not quite what they expected them to be. ERISA, the Employment Retirement Income Security Act, encourages employees to know what their health and pension plans entail. As companies continue to cut costs and trim their budgets, benefits that are being promised are sometimes cut, leaving you with the burden.
What is ERISA?
ERISA was enacted to protect your interests as an employee and as a member of an employee benefit plan. It does this by:
- Requiring disclosure of financial and other information regarding your benefits plan
- Establishing minimum standards for plan fiduciaries, or trustees
- Providing appropriate access to federal courts
- Providing the vesting of employees pension benefits after a certain number of years
Why do I Need an Attorney for ERISA?
ERISA like FMLA and COBRA, is an extensive and complex act that requires an experienced attorney with familiarity with ERISA to help guide you through the legal challenges involved in taking on an employer. An attorney familiar with ERISA will provide many benefits; by understanding how the legal system works they will be able to work quickly and efficiently to help you achieve the benefits you are entitled to without you having to devote all of your time to the endeavor. The Cochran Firm is committed to working relentlessly for the compensation and the benefits to which you are legally entitled. Our job, as attorneys familiar with ERISA, is to make the process of receiving your benefits easier for you.
If you have been denied benefits that are subject to ERISA and would like an attorney familiar and experienced with this type of litigation, please contact The Cochran Firm to meet with one of our many attorneys nationwide.