Employee Benefits

Employee benefits are employee compensation, other than wages or salaries, including things such as insurance, vacation, reimbursed expenses, company sponsored trips, and compensation for job-related injuries. Employers may not create or operate benefit plans that violate the law. The Employee Retirement Income Security Act (ERISA) governs certain types of employee benefits. ERISA establishes certain rules that must be followed by private companies that provide retirement plans, pension plans, or health-care plans for their employees. It also allows employees to sue in certain circumstances to enforce their benefit plans.