Benefits and pension arrangements are part of both the hiring process as well the retirement or termination process. There are also laws that allow employees who lose their jobs to continue the health coverage they had with their employer while they look for new work.
Furthermore, if a Greenwood employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. While some benefits are paid by the employer, others involve voluntary employee contributions. Additionally, employers often require that the employee work for a minimum amount of time with them before they are eligible to receive benefits.
What Employee Benefits are Protected by Mississippi law?
Those employers who provide medical plans for employees owe particular legal duties under Mississippi 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. 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.
Employers in the city of Greenwood also owe their employees legal duties with regard to pension plans. First, the law requires that they provide any benefits that were promised to their employee in any given benefit agreement. Furthermore, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Greenwood, Mississippi Pension and Benefits Attorney Help?
Lawyers in Greenwood, Mississippi 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.