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 Jersey 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 Hackettstown 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. Furthermore, 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 New Jersey law?
Those employers who provide medical plans for employees owe particular legal duties under New Jersey 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. 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, Hackettstown employers owe their workers particular legal duties. First, the law requires the employer to deliver any benefits that were guaranteed within the pension program. Also, 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 Hackettstown, New Jersey Pension and Benefits Attorney Help?
Hackettstown, New Jersey 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.