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.
In addition, the employer in Medway is obligated to make sure the employee receives any benefits that were guaranteed in a contract when the employee started their work. Also, employers bear the risk of any investments that are made on behalf of an employee according to a matched contribution plan.
What Employee Benefits are Protected by Massachusetts law?
Under Massachusetts law, employers who provide employees with medical plans owe them particular legal duties. For instance, they must disclose important health plan information, and employees must be provided with a fair process when reviewing their claims according to the plan. For employees who lose their jobs, there are some laws that allow them to continue the health care plan they had with their prior employer while they actively look for a new job.
Regarding pension programs, Medway employers owe their workers particular legal duties. First, the law requires the employer to deliver any benefits that were guaranteed within the pension program. 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 Medway, Massachusetts Pension and Benefits Attorney Help?
Attorneys in Medway, Massachusetts will assist employers who wish to create pension plans that are in compliance with the law. A lawyer also helps employees who encounter difficulties in obtaining benefits under a pension or other type of plan.