Benefits and pension arrangements are part of both the hiring process as well the retirement or termination process. Additionally, employers in Lenoir are required to perform on any benefits that may have been promised to the employee in a contract when work began.
The employer sometimes pays for benefit plans, but at times the employee must make a voluntary contribution. Additionally, some employees establish a requirement that employees work with them for a certain period of time before they are eligible for 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, Lenoir 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. Lenoir, 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 Lenoir, North Carolina Pension and Benefits Attorney Help?