Whistleblowers help expose problems and wrongdoings at work, even when working from home. Knowing the legal protections in Delaware can help both employers and employees handle whistleblower situations in a remote work setting. Legal protections under Delaware law In...
Erisa & Employee Benefits
What are the DOL’s cybersecurity rules for ERISA-covered plans?
The Department of Labor (DOL) recently updated its cybersecurity rules for ERISA-covered plans. These new rules help protect the sensitive information of millions of people with retirement plans. Plan sponsors, administrators, and service providers need to understand...
How does ERISA affect ESOPs and severance pay conflicts?
The Employee Retirement Income Security Act (ERISA) plays a significant role in governing employee benefits, including severance pay and ESOPs. Understanding how ERISA applies to these areas is crucial for both employers and employees involved in disputes. ERISA and...
What happens if a fiduciary mismanages ERISA funds?
When fiduciaries mismanage Employee Retirement Income Security Act (ERISA) funds, the consequences can be severe. Understanding the consequences is crucial for anyone involved in managing ERISA-governed plans. Fiduciary responsibilities under ERISA Under ERISA,...
Specific protections ERISA provides against plan mismanagement
The Employee Retirement Income Security Act (ERISA) protects employee benefit plans in Delaware. ERISA keeps employee retirement savings and benefits safe from mismanagement and loss. It can be helpful to review a breakdown of how ERISA works to safeguard these plans....
ERISA’s impact on employee benefits
Employee benefits play an important role in the lives of workers, offering financial security and peace of mind. The Employee Retirement Income Security Act significantly impacts these benefits. It ensures that employees receive fair treatment and protection. Pension...
4 signs of an ERISA fiduciary breach
As an employee, it is important to be aware of your rights and protections under the Employee Retirement Income Security Act. ERISA ensures that those responsible for managing your retirement funds act in your best interest. However, breaches of fiduciary duty can...
The truth behind common misconceptions about ERISA
The Employee Retirement Income Security Act is a federal law to protect employees participating in employer-sponsored benefit plans. However, several misconceptions surround ERISA, which can make it difficult to understand your rights and responsibilities....
Can I appeal an ERISA claim denial?
When facing the denial of an Employee Retirement Income Security Act claim, individuals often wonder about their options for appeal. ERISA governs employee benefit plans offered by employers, encompassing health insurance, disability benefits and retirement savings....
What are the employer requirements under ERISA?
The Employee Retirement Income Security Act of 1974 protects the rights of private industry employees by setting standards for health and retirement plans. The U.S. Department of Labor reported ERISA covers plans for about 141 million workers. By familiarizing...