Legal Question in Employment Law in New Jersey
obtaining pension information
I was employed with a company for over 13 years and was vested in their pension and profit sharing plans after 10 years. I left the company voluntarily 3 years ago. I have requested from the owner of the company and his accountant information pertaining to my pension options and benifits. As yet I have received nothing. The last written statment I have is from 1989. What are my legal options and what are his responsibilities to me?
1 Answer from Attorneys
Re: obtaining pension information
The law that governs pension plans is called the Employee Retirement Income Security Act, or ERISA. ERISA requires employers to provide information to employees or pension plan participants when it is requested.
ERISA also imposes penalties on employers when they fail to respond to requests for information about pension plans made by employees or participants.
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