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 Michigan law. Those who receive these plans can file their claims under such laws.
In addition, the employer in South Lyon is obligated 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 further voluntary contributions from the employee. Moreover, employees are sometimes required to work for a minimum amount of time before becoming eligible for certain benefits.
What Employee Benefits are Protected by Michigan law?
Those employers who provide medical plans for employees owe certain legal duties under Michigan law to those they cover. They must disclose important information about the health plans, and employees are entitled to a fair process in the treatment of their claims under the plan. Also, some laws let employees who are out of work receive health care from a prior employer's plan while they are looking for a new job.
Employers in South Lyon also owe legal duties to employees who receive pension plans. First, the employer is required by law to provide the benefits that were guaranteed in the payment plan. Also, 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 South Lyon, Michigan Pension and Benefits Attorney Help?
South Lyon, Michigan lawyers can help an employer in creating a pension plan that complies with applicable laws. Attorneys also often assist employees when difficulties arise with obtaining the benefits under a plan.