Saco (pronounced /ˈsɑkoʊ/, SAH-koh) is a city in York County, Maine, United States. The population was 16,822 at the 2000 census. It is home to Ferry Beach State Park, Funtown Splashtown USA, Thornton Academy, as well as General Dynamics Armament Systems (also known by its former name, Saco Defense), a subsidiary of the defense contractor General Dynamics. Saco has two growing business parks and another one under development. Saco sees much tourism during summer months, due to its amusement parks, Ferry Beach State Park, and proximity to Old Orchard Beach. Saco has taken steps to make the city more environmentally friendly. In early 2007 a wind turbine was erected near the water treatment plant at the foot of Front street. Another wind turbine was erected on the top of York Hill in December 2007 to generate power for the new train station for Amtrak's "Downeaster. " This is part of the project to restore Factory Island, including the renovation of several abandoned mills that have fallen into disrepair, and the erection of new townhouses and a marina. Saco is part of the Portland–South Portland–Biddeford, Maine Metropolitan Statistical Area. Saco's twin-city is Biddeford.

Employee Benefits And Erisa Law Lawyers In Saco Maine

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What is employee benefits and ERISA law?

ERISA requires plans to provide participants with plan information including important information about plan features and funding; provides fiduciary responsibilities for those who manage and control plan assets; requires plans to establish a grievance and appeals process for participants to get benefits from their plans; and gives participants the right to sue for benefits and breaches of fiduciary duty. Attorneys may represent employees or they may represent the company in the design, preparation, and review of plan, trust, and employee communication documents to implement pension, profit sharing, employee stock ownership, fringe benefit, flexible benefit, and all types of employee welfare plans.

Answers to employee benefits and ERISA law issues in Maine

Individual retirement plans are accounts that you can set up for yourself, without any connection to your employer,...

An employer retirement plan is just what it sounds like: a plan set up by your employer to fund your retirement....