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 Kings Point 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. Moreover, 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 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 fair treatment in the processing of any claims under the medical plan. There are also laws that allow employees who lose their jobs to continue the health coverage they had with their employer while they search for new work.
In the city of Kings Point, 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 mentioned in the pension payment plan. Moreover, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Kings Point, New York Pension and Benefits Attorney Help?
In Kings Point, New York, lawyers can help those employers who need guidance in creating pension plans that comply with employment laws. Attorneys may also help employees when it comes to obtaining the benefits described in a particular plan.