Colorado's laws specifically govern the way in which employers implement health plans and retirement pension payments. Recipients of such benefit plans can file claims using these laws. Additionally, if a Cherry Hills employer guaranteed any benefits to the employer in a contract when work began, they must make good on these.
The employer sometimes pays for benefit plans, but at times the employee must make a voluntary contribution. Additionally, some employees establish a requirement that employees work with them for a certain period of time before they are eligible for benefits. Those employers who provide medical plans for employees owe specific legal duties under Colorado law to those they cover. They must disclose important information about the health plans, and employees are entitled to a fair process in the treatment of their claims under the plan.
What Employee Benefits are Protected by Colorado law?
There are also some laws that give employees the right to continue on their health care plan from the prior employee during periods in which they are actively pursuing new employment. Regarding pension programs, Cherry Hills employers owe their workers specific legal duties. First, the law requires the employer to deliver any benefits that were guaranteed within the pension program.
Also, the employer must bear the risk on any investments which are made on behalf of a worker according to terms in a matched contribution arrangement. Cherry Hills, Colorado attorneys may assist employers in implementing pension plans that comply with the applicable laws. They may also assist workers who are encountering difficulties in obtaining the benefits of a given plan.
How can a Cherry Hills, Colorado Pension and Benefits Attorney Help?