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.
Additionally, if a Freeport employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. Second, 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 any important details of the medical coverage, and employees who file a claim are entitled to fair treatment in the processing of their complaint. 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.
Regarding pension programs, Freeport employers owe their workers specific legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. Second, employers bear the risk of any investments that are made on behalf of an employee according to a matched contribution plan
How can a Freeport, New York Pension and Benefits Attorney Help?
Freeport, New York attorneys may help employers in implementing pension plans that comply with the applicable laws. They may also help workers who are having difficulties in obtaining the benefits of a given plan.