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 Portsmouth 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 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. 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.
Portsmouth 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 Portsmouth, New Hampshire Pension and Benefits Attorney Help?
In Portsmouth, New Hampshire, 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.