After putting years, maybe even one's whole career, into one company, Tennessee residents expect to be paid the retirement benefits promised them. What happens, though, if the company files for bankruptcy? Is the pension lost? Thanks to the safeguards offered through the Employee Retirement Income Security Act (ERISA), some retirement benefits may still be paid out.
In the United States, millions of people have had medical devices implanted within their bodies. Every year, that number grows. Every year, it seems, thousands of people come forward saying that their devices have done more harm than good. Tennessee residents who have been negatively affected by a defective or unsafe medical device may join mass torts claims against the product manufacturers and medical facilities that utilize them.
Recently, the United States began importing increased amounts of asbestos. Changes in federal policy regarding the use of asbestos have motivated more companies to begin working with this mineral. In many ways, asbestos is a natural product with potentially beneficial uses. However, exposure to asbestos can prove very dangerous for the people who come into contact with it.
The idea of working well past the age of retirement might be appealing to some workaholics, but most people in Tennessee already have a vision of the retirement they would one day like to enjoy. These retirement plans often hinge on savings, pensions and other retirement benefits. The Employee Retirement Income Security Act of 1974 -- ERISA -- helps protect those retirement assets in a number of different ways.