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 Nantucket 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 certain 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. There are also some laws that give employees the right to continue on their health care plan from the prior employee during periods in which they are actively pursuing new employment.

Regarding pension programs, Nantucket employers owe their workers certain legal duties. First, the law requires the employer to deliver any benefits that were guaranteed within the pension program. Also, 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 Nantucket, Massachusetts Pension and Benefits Attorney Help?

Lawyers in Nantucket, 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.