Old Orchard Beach is a town and census-designated place (CDP) in York County, Maine, United States. The population was 8,856 at the 2000 census. It is part of the Portland–South Portland–Biddeford, Maine Metropolitan Statistical Area. Located on the inner side of Saco Bay on the Atlantic Ocean, the town is a popular summer beach destination, with an amusement park called Palace Playland (including a large seaside Ferris wheel). The downtown contains many tourist-oriented businesses, including clam shacks and t-shirt shops. A wooden pier on the beach contains many other tourist businesses, including a variety of souvenir shops. The seven mile (11 km) long beach stretching away from the downtown is lined with many beach residential properties, condominiums, motels and bed and breakfasts.

Employee Benefits And Erisa Law Lawyers In Old Orchard Beach Maine

Advertisement

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....