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.

In addition, the employer in Old Tappan is obligated to make sure the employee receives any benefits that were guaranteed in a contract when the employee started their work. 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 Jersey law?

New Jersey laws require that employers providing medical plans for their workers perform certain legal duties. The employer must inform the employee about their health plans, and the employee is entitled to fair treatment in the review process of their claim. 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 Old Tappan 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. 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 Old Tappan, New Jersey Pension and Benefits Attorney Help?

Old Tappan, 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.