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.
Cedarhurst 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. 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.
What Employee Benefits are Protected by New York law?
Employers owe certain legal duties to the employees in providing them with medical plans. Under New York law, employers must disclose health plan information, and the employee is entitled to equal treatment in the processing of any claims under the medical plan. 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.
In the city of Cedarhurst, employees who receive pension programs are owed a legal duty by the employer. First of all, the employer has a duty to provide all the benefits that may have been stated in the pension payment plan. Furthermore, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Cedarhurst, New York Pension and Benefits Attorney Help?
Lawyers in Cedarhurst, 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.