Those employers who provide medical plans for employees owe specific legal duties under Iowa 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. The state of Iowa has laws governing the way that employers are allowed to administer health benefits and pension plans. Recipients and beneficiaries of these packages can file their claims under the state laws.
Additionally, if an Urbandale employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. Second, employers bear the risk of any investments that are made on behalf of an employee according to a matched contribution plan.
What Employee Benefits are Protected by Iowa law?
Employers owe specific legal duties to the employees in providing them with medical plans. Under Iowa law, employers must disclose health plan information, and the employee is entitled to equal treatment in the processing of any claims under the medical plan. 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.
Employers in the city of Urbandale also owe their employees legal duties with regard to pension plans. First, the law requires that they provide any benefits that were promised to their employee in any given benefit agreement. Second, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Urbandale, Iowa Pension and Benefits Attorney Help?
Lawyers in Urbandale, Iowa can help an employer in drafting a pension plan that is in compliance with the respective law. An attorney can also help employees in negotiating unforeseen difficulties arising out of a benefits plan.