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.
The employer sometimes pays for benefit plans, but at times the employee must make a voluntary contribution. Also, some employees establish a requirement that employees work with them for a certain period of time before they are eligible for 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?
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. Chestnut Ridge 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.
Secondly, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees. In Chestnut Ridge, New York, lawyers can help those employers who need assistance in creating pension plans that comply with employment laws. Attorneys may also assist employees when it comes to obtaining the benefits described in a particular plan.
How can a Chestnut Ridge, New York Pension and Benefits Attorney Help?