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 Hastings On Hudson employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. Furthermore, 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 owe specific 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 Hastings On Hudson, 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 Hastings On Hudson, New York Pension and Benefits Attorney Help?
Attorneys in Hastings On Hudson, New York will help 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.