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 Springfield 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?
Employers who provide medical plans to their employees owe them specific legal duties according to the laws of Massachusetts. They are required to disclose all important details of the medical coverage, and employees who file a claim are entitled to fair treatment in the processing of their complaint. Additionally, some laws let employees who are out of work receive health care from a prior employer's plan while they are looking for a new job.
Employers in Springfield also owe legal duties to employees who receive pension plans. First, the employer is required by law to provide the benefits that were guaranteed in the payment plan. 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 Springfield, Massachusetts Pension and Benefits Attorney Help?
Attorneys in Springfield, 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.