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 Holyoke 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?
Massachusetts laws require that employers providing medical plans for their workers perform specific 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 search for new work.
Regarding pension programs, Holyoke employers owe their workers specific legal duties. First, the law requires the employer to deliver any benefits that were guaranteed within the pension program. Moreover, 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 Holyoke, Massachusetts Pension and Benefits Attorney Help?
Holyoke, Massachusetts lawyers can help an employer in creating a pension plan that complies with applicable laws. Attorneys also often assist employees when difficulties arise with obtaining the benefits under a plan.