Benefits and pension arrangements are part of both the hiring procedure 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 search for new work.
Additionally, employers in Marion 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.
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 instance, 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 that give employees the right to continue on their health care plan from the prior employee during periods in which they are actively pursuing new employment.
Marion employers also owe legal duties to those given pension programs. First, they are legally required to provide the benefits that were promised under a set benefit plan. Moreover, it is the employer who must bear the risk of any investments that are made on behalf of an employee under a matched contribution plan.
How can a Marion, North Carolina Pension and Benefits Attorney Help?
In Marion, North Carolina, lawyers can help those employers who need guidance in creating pension plans that comply with employment laws. Attorneys may also help employees when it comes to obtaining the benefits described in a particular plan.