Benefits and pension arrangements are part of both the hiring process as well the retirement or termination process. Health plans and pension arrangements are regulated by New York law. Those who receive these plans can file their claims under such laws.
While some benefits are paid by the employer, others involve voluntary employee contributions. Furthermore, employers often require that the employee work for a minimum amount of time with them before they are eligible to receive benefits. Under New York law, employers who provide employees with medical plans owe them certain 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.
What Employee Benefits are Protected by New York law?
There are also some laws which give employees the right to continue on their health care plan from the previous employee during periods in which they are actively pursuing new employment. Ballston Spa employers also owe legal duties to those given pension programs. First, they are legally bound to provide the benefits that were promised under a set benefit plan.
Furthermore, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer. Lawyers in Ballston Spa, New York can help an employer in drafting a pension plan that is in compliance with the respective law. An attorney can also help employees in negotiating unforeseen difficulties arising out of a benefits plan.
How can a Ballston Spa, New York Pension and Benefits Attorney Help?