Employers have a great deal of flexibility when structuring employee benefits plans, including retirement plans. However, once employers offer benefits and employee rights become vested, employers may be required to comply with state and federal laws, including ERISA. Employees and retirees count on employer promises regarding long-term benefits, and the government has laws in place to ensure these promises are fulfilled.
At the Law Offices of Rheuban & Gresen in Los Angeles, California, we provide effective representation to protect the rights of employees and retirees. If you have been promised retirement benefits or a pension plan, and find the terms of the plan have changed, particularly after retirement you may have legal recourse.
Come to our offices for a confidential consultation with one of our experienced lawyers. Contact us today.
Ensuring ERISA Compliance and Protecting Employee Rights
In these challenging economic times, employers are always seeking ways to cut costs and expenses. Among other things, employers may attempt to restructure retirement benefits plans. Once an employer has decided to offer benefits plans though, including any retirement benefits, the majority of these plans must be in compliance with ERISA and other laws.
If your employer or former employer has changed the fees associated with your retirement plans or changed the structuring of your medical benefits, you may have legal recourse. Once your interest has vested you may have some protection from changes.
We can effectively address changes with all types of instruments involved in a retirement plan, including:
- 401(k) Plans
- Annuities
- Employee Stock Ownership Plans
- Individual Retirement Accounts
- Defined Benefit Plans
Contact our offices today through email or call us at 818.815.2727 to discuss any changes related to your employment retirement benefits with one of our experienced employee rights attorneys. If your employer hasn't complied with ERISA laws, you may have legal recourse.
