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.
Furthermore, employers in Yarmouth must deliver any benefits to the employee that were included in a contract when the employee started 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 Maine law?
Under Maine law, employers who provide employees with medical plans owe them certain 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.
Yarmouth 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. Also, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Yarmouth, Maine Pension and Benefits Attorney Help?
Yarmouth, Maine attorneys may assist employers in implementing pension plans that comply with the applicable laws. They may also assist workers who are encountering difficulties in obtaining the benefits of a given plan.