ERISA is a federal law that sets minimum standards for retirement plans in private industry. ERISA is a federal law that sets minimum standards for voluntarily established pension and health plans.This blog post will provide an overview of ERISA compliance requirements for employers. Wrap plans are used to comply with ERISA's plan document and SPD requirements. Please Note: The Peace Law Firm is licensed to practice only in North Carolina and South Carolina. Often, you need to fill out paperwork and include supporting documentation about your disability. The purpose of ERISA's fiduciary duty rules is to ensure that plans are operated in the best interests of plan participants and beneficiaries. North Carolina state law does not require employers to provide employees with leave or time off to vote. Filing an ERISA claim is the first step towards collecting long term disability benefits.