Employee benefits and pensions are discussed both when the employee is hired and when they leave the position (for whatever reasons). Kentucky'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.
Hopkinsville employers also owe legal duties to those given pension programs. First, they are legally bound to provide the benefits that were promised under a set benefit plan. The employer often pays for some of the benefit plans, but other plans require additional voluntary contributions from the employee. Further, employees are sometimes required to work for a minimum amount of time before becoming eligible for certain benefits.
What Employee Benefits are Protected by Kentucky law?
Kentucky 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 look for new work.
Regarding pension programs, Hopkinsville employers owe their workers certain legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. Secondly, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Hopkinsville, Kentucky Pension and Benefits Attorney Help?
Hopkinsville, Kentucky 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.