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.
Furthermore, employers in Newton are required to perform on any benefits that may have been promised to the employee in a contract when work began. Additionally, 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 particular 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. For employees who lose their jobs, there are some laws that allow them to continue the health care plan they had with their prior employer while they actively look for a new job.
Newton 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. Additionally, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Newton, New Hampshire Pension and Benefits Attorney Help?
Attorneys in Newton, New Hampshire will assist employers who wish to create pension plans that are in compliance with the law. A lawyer also helps employees who encounter difficulties in obtaining benefits under a pension or other type of plan.