Archive for the ‘Employee Retirement’ Category

ERISA-Exempt Benefit Plans

Posted by Mashel Law On December - 8 - 2011 0 Comment

The Employee Retirement Income Security Act imposes responsibilities on employers who offer benefit plans to their employees and provides certain rules and regulations concerning the administration of the plans. The rules that govern plans differ depending on the type of plan offered by the employer. Some plans, however, are not governed by ERISA and are called “exempt plans.” Governmental benefits plans are specifically exempted from ERISA application by the statute. The benefits plans of most non-governmental employers are governed by ERISA. In order for a benefits plan to be exempt from the requirements of ERISA, one or more of the  [ Read More ]

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