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 manner in which employers implement health plans and retirement pension payments. Recipients of such benefit plans can file claims using these laws.
Additionally, if a Johnstown 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 any important details of the medical coverage, and employees who file a claim are entitled to fair treatment in the processing of their complaint. For employees who lost their jobs, there are some laws that allow them to continue the health care plan they had with their previous employer while they actively look for a new job.
Regarding pension programs, Johnstown employers owe their workers specific legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. Furthermore, 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 Johnstown, Colorado Pension and Benefits Attorney Help?
Johnstown, Colorado lawyers can assist an employer in creating a pension plan that complies with applicable laws. Attorneys also often help employees when difficulties arise with obtaining the benefits under a plan.