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.
Independence 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. Additionally, 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 particular 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 some laws which give employees the right to continue on their health care plan from the previous employee during periods in which they are actively pursuing new employment.
Employers in Independence also owe legal duties to employees who receive pension plans. First, the employer is bound by law to provide the benefits that were guaranteed in the payment plan. Furthermore, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Independence, Kentucky Pension and Benefits Attorney Help?
Independence, Kentucky attorneys may help employers in implementing pension plans that comply with the applicable laws. They may also help workers who are having difficulties in obtaining the benefits of a given plan.