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.
In addition, the employer in Waxhaw is obligated to make sure the employee receives any benefits that were guaranteed in a contract when the employee started their work. 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?
Those employers who provide medical plans for employees owe specific legal duties under North Carolina law to those they cover. They must disclose important information about the health plans, and employees are entitled to a fair process in the treatment of their claims under the plan. Additionally, some laws let employees who are out of work receive health care from a prior employer's plan while they are looking for a new job.
Employers in Waxhaw also owe legal duties to employees who receive pension plans. First, the employer is required by law to provide the benefits that were guaranteed in the payment plan. Moreover, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Waxhaw, North Carolina Pension and Benefits Attorney Help?
Waxhaw, North Carolina lawyers can help an employer in creating a pension plan that complies with applicable laws. Attorneys also often assist employees when difficulties arise with obtaining the benefits under a plan.