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August 24, 2010
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Employment Law News

 

U.S. Labor Department Sues Cleveland Business Executive

The U.S. Department of Labor has sued Robert L. Johnson, president of the Jared Group in Cleveland, for failing to forward employee contributions to the company’s retirement plan and to segregate plan contributions from the general operating assets of the company.

“The department will act when plan fiduciaries fail to carry out their duty to protect the retirement plan assets held on behalf of participants,” said Joseph Menez, director of the department’s regional office in Cincinnati of the Employee Benefits Security Administration (EBSA).

The lawsuit alleges that Johnson violated the Employee Retirement Income Security Act (ERISA) by failing to remit contributions deducted from employees’ paychecks to the retirement plan in a timely manner, if at all, during periods from January 2001 through December 2004 when the company ceased business operations. Johnson also failed to maintain a fidelity bond as required by ERISA. Read more at dol.gov.


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Did You Know?    
 
 
Second Injury Fund benefits may be available durring employment
However, after the first 450 weeks of benefits for total and permanent disability, wages from employment will be used to reduce your benefit amount. The reduction is based upon the percentage that your current earnings bear to those at the time of your being declared totally and permanently disabled.

 


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Latest news about Employment cases in South Dakota and nationwide:

Fall hazards At Norwich, Conn., Construction Site
Potentially fatal 18- and 27-foot falls at a Norwich, Conn., residential construction site have led to $120,500 in proposed fines for a Newark, N.J...
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U.S. Labor Department Announces $4.4 Million Grant To Assist Mississippi Workers
The U.S. Department of Labor today announced a $4,433,754 grant, with an initial release of $1,477,077, to provide employment-related assistance to...
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Metropolitan Area Employment And Unemployment

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Employment Attorney.com Terms

 


Today's Terms

Mentoring

Definition:
Is an educational process where the mentor serves as a role model, trusted counselor or teacher who provides opportunities for professional development, growth and support to less experienced individuals in career planning or employment settings. Individuals receive information, encouragement and advice as they plan their careers.

Vesting

Definition:
Ownership interest in your pension plan benefits and Company matching contributions under the savings program. You have an irrevocable right to a benefit when you are fully vested.

Curb Cut

Definition:
Also called a curb ramp, it is a depression built into the curb of a sidewalk to permit passage by a wheelchair. The incline should not exceed a gradient of 1:12 and the flat surface width should be no less than 4 feet wide.

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Employment Resources

 


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Employment Hot Topics

 
Topics Related to Employment:

  • Collective Bargaining
  • Employment Discrimination
  • Unemployment Compensation
  • Pensions
  • Workplace Safety
  • Worker's Compensation

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South Dakota Employment Attorney

 
If you live in the following cities and need an Employment attorney you should contact our Employment Attorney as soon as possible:

  • Aberdeen
  • Brookings
  • Huron
  • Mitchell
  • Pierre
  • Rapid City
  • Sioux Falls
  • Spearfish
  • Vermillion
  • Watertown
  • Yankton
 


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