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 an Oxford 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?
Employers owe particular legal duties to the employees in providing them with medical plans. Under Mississippi 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. 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.
Oxford 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. Furthermore, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Oxford, Mississippi Pension and Benefits Attorney Help?
Oxford, Mississippi 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.