Benefits Law Group of Chicago, a web site maintained by the Employee Benefit Department of the Chicago, Illinois law firm, Golan Christie Taglia LLP, provides information on:
Benefits Law Group of Chicago is a resource for HR professionals and human resource departments of private companies and not-for-profit organizations such as hospitals and medical centers, universities, associations and charitable organizations.
What can you do if your retirement plan operations don’t square with the provisions of your plan document?
For example, your plan provides for a matching contribution maximum of one percent of a participant’s compensation – but your organization has been contributing up to two percent ...
Deborah Innis was terminated by her employer, Telligen, Inc., after 18 years of service. She was a participant in the Telligen Employee Stock Ownership Plan (“ESOP”), and Bankers Trust was the ESOP trustee.
In connection with her discharge, Innis signed a severance agreement containing a general release ...
A former employee attains age 65 and applies for a retirement pension. That’s normally a routine situation for any plan administrator. But what if the employee stopped rendering covered service 24 years ago and the plan administrator has no records of the employee or his employment ...
Recent legislation passed by both the House and the Senate with substantial bipartisan majorities (the SECURE Act and RESA) is aimed at promoting retirement savings in Section 401(k) plans.
Legislative concerns about 401(k) participants who are financially unprepared for retirement has resulted in a number ...
I want to say “THANKS” for all your help, support, patience and expertise through the most challenging time in my life.
It’s great to walk away from this situation feeling we had a great outcome, but even better is to know we achieved this with dignity, class ...
I'd like to take a moment to acknowledge Mr Andrew Williams. I've had the pleasure to work with Mr Williams over roughly a six month period. He took the time to listen to my case against my employer in an ERISA matter involving a Defined Benefit Trust. ...
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