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.
Furthermore, if a Jericho employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. While some benefits are paid by the employer, others involve voluntary employee contributions. Additionally, 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 who provide medical plans to their employees owe them particular 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. Furthermore, some laws let employees who are out of work receive health care from a prior employer's plan while they are looking for a new job.
Jericho 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. Additionally, the employer must bear the risk on any investments which are made on behalf of a worker according to terms in a matched contribution arrangement.
How can a Jericho, New York Pension and Benefits Attorney Help?
Attorneys in Jericho, 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.