Silver Bay is a city in Lake County, Minnesota, United States. The population was 2,068 at the 2000 census. The city attained wide-spread publicity in the 1960s when it was discovered that the Reserve Corporation was dumping taconite tailings into Lake Superior. In 1972 they were forced to stop and charged with violating the Rivers and Harbors Act of 1899, which prohibited the dumping of harmful materials into interstate waters. In 1977, after a long trial, a new waste-storage facility was built 7 miles inland. State Highway 61 serves as a main arterial route in the city.

Employee Benefits And Erisa Law Lawyers In Silver Bay Minnesota

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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 Minnesota

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....