Employee benefits and pensions are discussed both when the employee is hired and when they leave the position (for whatever reasons). The state of Missouri has laws governing the way that employers are allowed to administer health benefits and pension plans. Recipients and beneficiaries of these packages can file their claims under the state laws.
Additionally, employers in Bridgeton must deliver any benefits to the employee that were included in a contract when the employee started 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 Missouri law?
Employers owe specific legal duties to the employees in providing them with medical plans. Under Missouri law, employers must disclose health plan information, and the employee is entitled to equal treatment in the processing of any claims under the medical plan. For employees who lost their jobs, there are some laws that allow them to continue the health care plan they had with their previous employer while they actively look for a new job.
Employers in Bridgeton also owe legal duties to employees who receive pension plans. First, the employer is bound by law to provide the benefits that were guaranteed in the payment 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 Bridgeton, Missouri Pension and Benefits Attorney Help?
Attorneys in Bridgeton, Missouri will help 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.