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 Wilmington is required to make sure the employee receives any benefits that were guaranteed in a contract when the employee started their work. The employer often pays for some of the benefit plans, but other plans require additional voluntary contributions from the employee. Further, employees are sometimes required to work for a minimum amount of time before becoming eligible for certain 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 look for new work.
Regarding pension programs, Wilmington employers owe their workers specific legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. 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 Wilmington, Massachusetts Pension and Benefits Attorney Help?
Lawyers in Wilmington, Massachusetts can help an employer in drafting a pension plan that is in compliance with the respective law. An attorney can also help employees in negotiating unforeseen difficulties arising out of a benefits plan.