Benefits and pension arrangements are part of both the hiring process as well the retirement or termination process. The laws of the state of New Jersey regulate how employers may distribute health and retirement plans; beneficiaries and recipients of such plans may file their claims under such laws.
Additionally, employers in Jamesburg 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. Additionally, 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?
Under New Jersey law, employers who provide employees with medical plans owe them specific legal duties. For example, they must disclose important health plan information, and employees must be provided with a fair process when reviewing their claims according to the plan. For employees who lost their jobs, there are some laws that allow them to continue the health care plan they had with their previous employer while they actively look for a new job.
Employers in the city of Jamesburg also owe their employees legal duties with regard to pension plans. First, the law requires that they provide any benefits that were promised to their employee in any given benefit agreement. Second, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Jamesburg, New Jersey Pension and Benefits Attorney Help?
Jamesburg, New Jersey lawyers can assist an employer in creating a pension plan that complies with applicable laws. Attorneys also often help employees when difficulties arise with obtaining the benefits under a plan.