Benefits and pension arrangements are part of both the hiring procedure as well the retirement or termination process. The laws of the state of New Hampshire regulate how employers can distribute health and retirement plans; beneficiaries and recipients of such plans can file their claims under such laws.
Additionally, employers in New Boston are required to perform on any benefits that may have been promised to the employee in a contract when work began. Also, employers bear the risk of any investments that are made on behalf of an employee according to a matched contribution plan.
What Employee Benefits are Protected by New Hampshire law?
Employers owe specific legal duties to the employees in providing them with medical plans. Under New Hampshire law, employers must disclose health plan information, and the employee is entitled to fair treatment in the processing of any claims under the medical plan. Some laws also permit employees who lose their jobs to continue receiving the health coverage they had with their previous employer while they seek new employment.
Employers in the city of New Boston also owe their employees legal duties with regard to pension plans. First, the law requires that they provide any benefits that were guaranteed to their employee in any given benefit agreement. Also, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a New Boston, New Hampshire Pension and Benefits Attorney Help?
New Boston, New Hampshire 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.