Fewer Tennessee employees remain at one job for a lifetime as in generations past, so having a growing retirement plan is a good incentive to remain faithful to one company. However, devoting years to a company only to find one's retirement plan has been mismanaged can be a devastating blow. Understanding the Employee Retirement Income Security Act, also known as ERISA, is a good way to know whether one's plan is safe from unethical or incompetent management.
For many Tennessee adults trying to cut back on their cigarette smoking habits, the advent of e-cigarettes seemed like a blessing. Smokers could replace their tobacco cigarettes with vape products that supposedly contain fewer toxic ingredients. They could then reduce the amount of nicotine and gradually quit smoking altogether. However, this hasn't been the result, and mass torts actions across the country claim e-cig companies have created a whole new generation of smokers.
Most people think that the risk of asbestos exposure in the United States is very slim. However, there are still many products that the U.S. imports that contain asbestos. This means that if you work in an industry that regularly uses these products, you could come into contact with asbestos and develop mesothelioma.
Every state has its rules governing the amount of time employers are required to provide for their workers to rest and eat. Rest breaks and meal breaks are not obligated by every state, but some, such as Tennessee, do require meal breaks for workers. It is not uncommon for employees and their bosses to face wage and hour disputes regarding these breaks. There are important facts to understand about the law in order for workers to recognize when an employer is denying them their rights.
Employee retirement plans are meant to provide financial security for those who invest in them. Depending on the type of plan, there may be numerous benefits, including tax breaks and ease of savings by having contributions and fees deducted directly from one's paycheck. As with any investment, there is a measure of trust that those charged with managing the funds will act in an upright manner, and the Employee Retirement Income Security Act, also known as ERISA, sets guidelines for the ethical administration of plans.