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.
Additionally, employers in Elizabeth City 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.
What Employee Benefits are Protected by North Carolina law?
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. There are also some laws which give employees the right to continue on their health care plan from the previous employee during periods in which they are actively pursuing new employment.
Elizabeth City 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. 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 Elizabeth City, North Carolina Pension and Benefits Attorney Help?
Elizabeth City, North Carolina 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.