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 Norton Shores is required to make sure the employee receives any benefits that were guaranteed in a contract when the employee started their work. Second, 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?
Michigan 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. Some laws also permit employees who lost their jobs to continue receiving the health coverage they had with their prior employer while they seek new employment.
Norton Shores 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. Second, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Norton Shores, Michigan Pension and Benefits Attorney Help?
Lawyers in Norton Shores, Michigan 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.