Employee benefits and pensions are discussed both when the employee is hired and when they leave the position (for whatever reasons). There are also laws that allow employees who lose their jobs to continue the health coverage they had with their employer while they look for new work.
Additionally, employers in Lafayette must deliver any benefits to the employee that were included in a contract when the employee started work. The employer sometimes pays for benefit plans, but at times the employee must make a voluntary contribution. Furthermore, 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 Indiana law?
Those employers who provide medical plans for employees owe particular legal duties under Indiana 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. Some laws also permit employees who lost their jobs to continue receiving the health coverage they had with their prior employer while they seek new employment.
Employers in the city of Lafayette 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. Furthermore, it is the employer who must bear the risk of any investments that are made on behalf of an employee under a matched contribution plan.
How can a Lafayette, Indiana Pension and Benefits Attorney Help?
Lafayette, Indiana 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.