Those employers who provide medical plans for employees owe certain 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. 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.
Also, if a Cortez 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. Also, some employees establish a requirement that employees work with them for a certain period of time before they are eligible for benefits.
What Employee Benefits are Protected by Colorado law?
Colorado laws require that employers providing medical plans for their workers perform certain legal duties. The employer must inform the employee about their health plans, and the employee is entitled to fair treatment in the review process of their claim. There are also laws that allow employees who lose their jobs to continue the health coverage they had with their employer while they search for new work.
Regarding pension programs, Cortez employers owe their workers certain legal duties. First, the law requires the employer to deliver any benefits that were guaranteed within the pension program. Additionally, 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.
How can a Cortez, Colorado Pension and Benefits Attorney Help?
Attorneys in Cortez, Colorado will assist employers who wish to create pension plans that are in compliance with the law. A lawyer also helps employees who encounter difficulties in obtaining benefits under a pension or other type of plan.