Benefits and pension arrangements are part of both the hiring process as well the retirement or termination process. Additionally, employers in Durham County are required to perform on any benefits that may have been promised to the employee in a contract when work began.
While some benefits are paid by the employer, others involve voluntary employee contributions. Moreover, employers often require that the employee work for a minimum amount of time with them before they are eligible to receive benefits. Under North Carolina law, employers who provide employees with medical plans owe them specific legal duties. For example, they must disclose important health plan information, and employees must be provided with a fair process when reviewing their claims according to the plan.
What Employee Benefits are Protected by North Carolina law?
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. Regarding pension programs, Durham County employers owe their workers specific legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program.
Second, the employer must bear the risk on any investments which are made on behalf of a worker according to terms in a matched contribution arrangement. Durham County, North Carolina lawyers can assist an employer in creating a pension plan that complies with applicable laws. Attorneys also often help employees when difficulties arise with obtaining the benefits under a plan.
How can a Durham County, North Carolina Pension and Benefits Attorney Help?