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. 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 Fort Collins 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.
What Employee Benefits are Protected by Colorado law?
Employers who provide medical plans to their employees owe them specific legal duties according to the laws of Colorado. They are required to disclose all important details of the medical coverage, and employees who file a claim are entitled to fair treatment in the processing of their complaint. 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.
Employers in Fort Collins also owe legal duties to employees who receive pension plans. First, the employer is required by law to provide the benefits that were guaranteed in the payment plan. Moreover, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Fort Collins, Colorado Pension and Benefits Attorney Help?
Fort Collins, 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.