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.
Also, employers in Canton are required to perform on any benefits that may have been promised to the employee in a contract when work began. The employer often pays for some of the benefit plans, but other plans require additional voluntary contributions from the employee. Further, employees are sometimes required to work for a minimum amount of time before becoming eligible for certain benefits.
What Employee Benefits are Protected by North Carolina law?
Employers owe certain legal duties to the employees in providing them with medical plans. Under North Carolina 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 Canton 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 Canton, North Carolina Pension and Benefits Attorney Help?
Attorneys in Canton, North Carolina 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.