Employee benefits and pensions are discussed both when the employee is hired and when they leave the position (for whatever reasons). Maryland'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 Baltimore 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. Additionally, employees are sometimes required to work for a minimum amount of time before becoming eligible for certain benefits.
What Employee Benefits are Protected by Maryland law?
Employers who provide medical plans to their employees owe them certain legal duties according to the laws of Maryland. 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. 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.
Employers in Baltimore also owe legal duties to employees who receive pension plans. First, the employer is bound by law to provide the benefits that were guaranteed in the payment plan. Secondly, 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 Baltimore, Maryland Pension and Benefits Attorney Help?
Baltimore, Maryland lawyers can assist an employer in creating a pension plan that complies with applicable laws. Attorneys also often help employees when difficulties arise with obtaining the benefits under a plan.