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 Penns Grove 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. 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.

Employers in Penns Grove also owe legal duties to employees who receive pension plans. First, the employer is required by law to provide the benefits that were guaranteed in the payment 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 Penns Grove, New Jersey Pension and Benefits Attorney Help?

Penns Grove, New Jersey lawyers can help an employer in creating a pension plan that complies with applicable laws. Attorneys also often assist employees when difficulties arise with obtaining the benefits under a plan.