Employee benefits and pensions are considered both when the employee is hired and when they leave the position (for whatever reasons). Health plans and pension arrangements are governed by Maine law. Those who receive these plans can file their claims under such laws.
Old Orchard Beach employers also owe legal duties to those given pension programs. First, they are legally required to provide the benefits that were promised under a set benefit plan. The employer sometimes pays for benefit plans, but at times the employee must make a voluntary contribution. Additionally, some employees establish a requirement that employees work with them for a certain period of time before they are eligible for benefits.
What Employee Benefits are Protected by Maine law?
Under Maine law, employers who provide employees with medical plans owe them specific 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, Old Orchard Beach employers owe their workers specific legal duties. First, the law requires the employer to deliver any benefits that were guaranteed within the pension program. 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 Old Orchard Beach, Maine Pension and Benefits Attorney Help?
Attorneys in Old Orchard Beach, Maine 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.