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.
Murray 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?
Employers owe particular legal duties to the employees in providing them with medical plans. Under Kentucky 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. 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.
In the city of Murray, employees who receive pension programs are owed a legal duty by the employer. First of all, the employer has a duty to provide all the benefits that may have been stated in the pension 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 Murray, Kentucky Pension and Benefits Attorney Help?
Murray, 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.