Benefits and pension arrangements are part of both the hiring procedure as well the retirement or termination process. Health plans and pension arrangements are governed by New York law. Those who receive these plans can file their claims under such laws.

Additionally, if a Floral Park employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. Also, 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 York law?

Employers who provide medical plans to their employees owe them specific legal duties according to the laws of New York. They are required to disclose all important details of the medical coverage, and employees who file a claim are entitled to fair treatment in the processing of their complaint. 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.

Floral Park employers also owe legal duties to those given pension programs. First, they are legally required to provide the benefits that were promised under a set benefit plan. Also, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.

How can a Floral Park, New York Pension and Benefits Attorney Help?

Attorneys in Floral Park, New York will assist employers who wish to create pension plans that are in compliance with the law. A lawyer also helps employees who encounter difficulties in obtaining benefits under a pension or other type of plan.