Employee benefits and pensions are discussed both when the employee is hired and when they leave the position (for whatever reasons). Massachusetts'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.
In addition, the employer in Reading is required to make sure the employee receives any benefits that were guaranteed in a contract when the employee started their work. Second, 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?
Employers who provide medical plans to their employees owe them specific legal duties according to the laws of Massachusetts. They are required to disclose any important details of the medical coverage, and employees who file a claim are entitled to fair treatment in the processing of their complaint. Some laws also permit employees who lost their jobs to continue receiving the health coverage they had with their prior employer while they seek new employment.
Reading 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. Second, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Reading, Massachusetts Pension and Benefits Attorney Help?
Reading, Massachusetts attorneys may help employers in implementing pension plans that comply with the applicable laws. They may also help workers who are having difficulties in obtaining the benefits of a given plan.