Employee benefits and pensions are considered both when the employee is hired and when they leave the position (for whatever reasons). Massachusetts's laws specifically govern the way in which employers implement health plans and retirement pension payments. Recipients of such benefit plans can file claims using these laws.
Additionally, employers in Beverly are required to perform on any benefits that may have been promised to the employee in a contract when work began. The employer sometimes pays for benefit plans, but at times the employee must make a voluntary contribution. Additionally, 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 Massachusetts law?
Those employers who provide medical plans for employees owe specific legal duties under Massachusetts 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 lose their jobs to continue receiving the health coverage they had with their previous employer while they seek new employment.
Employers in the city of Beverly also owe their employees legal duties with regard to pension plans. First, the law requires that they provide any benefits that were guaranteed to their employee in any given benefit agreement. Also, employers bear the risk of any investments that are made on behalf of an employee according to a matched contribution plan
How can a Beverly, Massachusetts Pension and Benefits Attorney Help?
Lawyers in Beverly, Massachusetts can assist an employer in drafting a pension plan that is in compliance with the respective law. An attorney can also assist employees in negotiating unforeseen difficulties arising out of a benefits plan.