Google Screened

Are You in the Healthcare Field?

Find Out How We Can Help »
[et_social_follow icon_style="slide" icon_shape="rectangle" icons_location="top" col_number="1" outer_color="dark"]
Millions Recovered For Our Clients No Fees Unless We Win

Employment Law Firm in Philadelphia

Employee Retirement Income Security Act (ERISA) Claims

The Employee Retirement Income Security Act (ERISA) protects employees in health and pension plans. This Federal law regulates the establishment and maintenance of health and plans by setting minimum standards that all private employers must meet when providing these plans.

Under ERISA, employers and plan administrators must:

  • Refrain from conflict-of-interest transactions and manage plans solely for the benefit of participants;
  • Fund benefits in accordance with the law and plan rules; and
  • Report on and disclose information on the plan and its financial conditions to the government and plan participants.

Subsequent to the enactment of ERISA, several amendments were added to further protect participants in, and beneficiaries of, health benefit plans. The Consolidated Budget Reconciliation Act (COBRA) amended ERISA to give certain employees the right to extend their health care coverage for a limited period of time after losing their jobs. In 2009, The American Recovery and Reinvestment Act of 2009 (ARRA) amended ERISA to reduce employees’ COBRA premiums in some instances. This reduction is available to individuals who have experienced a “qualifying event” and who were involuntarily terminated between September 1, 2008 and December 31, 2009.

It is an employer’s fiduciary duty to satisfy ERISA’s requirements and furnish promised benefits to employees. If your employer fails to do so, you may have the right to sue for benefits and breach of fiduciary duty. ERISA and its amendments are complex. If you are experiencing problems with respect to your employer’s administration of ERISA plans, contact The Gold Law Firm P.C. online, or call 1-215-569-1999 for a free consultation with one of our highly qualified Philadelphia employment lawyers.

The Gold Law Firm P.C.
Average rating:  
 0 reviews
2019 American Trail Lawyers badge
Lead Counsel Rated
life time achievement
million dollar advocates badge
AV Peer Review Rated
Philly Happening
Top one badge
Silver Client Champion Award 2020
super lawyers badge

As Seen On

avvo Martindale Justia FindLaw
© 2024 Sidney L. Gold and Associates, P.C. All rights reserved. [ Site Map | Privacy Policy ]

Attorney Advertising Materials. Sidney L. Gold is responsible for the content of this website. This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

Website Accessibility: Sidney L. Gold & Associates P.C. is committed to ensuring digital accessibility for people with disabilities. We are continually working to improve the accessibility of all content on our website and applying the relevant accessibility standards.

* The awards and accolades displayed on this website were issued to the attorneys, or the entire law firm by the respective providers of these honors. They are as follows, Avvo Inc., Super Lawyers®, Martindale Hubbell Peer Review Rated, ASLA Top 100 Lawyers, Million Dollar Advocates Forum, Legal Leaders Top Rated Lawyers, Bar Register Preeminent Lawyer, Happening List Winner, BBB Accredited Business, National Association of Distinguished Counsel Top 1 Percent, America's Top 100 Attorneys, The Employee Rights Advocacy Institute for law and policy, Best Lawyers, Lead Counsel Rated, Top Employment Lawyers in Philadelphia, Association of American Trial Lawyers Top 100 and Martindale Hubbell Client Champion Silver. No aspect of these advertisements have been approved by the Supreme Court of New Jersey.