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 Oak Island 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?

North Carolina laws require that employers providing medical plans for their workers perform specific legal duties. The employer must inform the employee about their health plans, and the employee is entitled to fair treatment in the review process of their claim. 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.

Regarding pension programs, Oak Island employers owe their workers specific legal duties. First, the law requires the employer to deliver any benefits that were guaranteed within the pension program. Additionally, 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.

How can a Oak Island, North Carolina Pension and Benefits Attorney Help?

Oak Island, North Carolina attorneys may assist employers in implementing pension plans that comply with the applicable laws. They may also assist workers who are encountering difficulties in obtaining the benefits of a given plan.