Employee benefits and pensions are discussed both when the employee is hired and when they leave the position (for whatever reasons). Health plans and pension arrangements are regulated by Michigan law. Those who receive these plans can file their claims under such laws.
In addition, the employer in Negaunee is required to make sure the employee receives any benefits that were guaranteed in a contract when the employee started their work. Furthermore, 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 Michigan law?
Under Michigan law, employers who provide employees with medical plans owe them certain legal duties. For example, they must disclose important health plan information, and employees must be provided with a fair process when reviewing their claims according to the plan. Also, some laws let employees who are out of work receive health care from a previous employer's plan while they are looking for a new job.
Negaunee employers also owe legal duties to those given pension programs. First, they are legally bound to provide the benefits that were promised under a set benefit plan. Secondly, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Negaunee, Michigan Pension and Benefits Attorney Help?
Negaunee, Michigan attorneys may help employers in implementing pension plans that comply with the applicable laws. They may also help workers who are having difficulties in obtaining the benefits of a given plan.