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.
Furthermore, if a Massapequa Park employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. The employer sometimes pays for benefit plans, but at times the employee must make a voluntary contribution. Furthermore, some employees establish a requirement that employees work with them for a certain period of time before they are eligible for benefits.
What Employee Benefits are Protected by New York law?
Those employers who provide medical plans for employees owe particular legal duties under New York law to those they cover. They must disclose important information about the health plans, and employees are entitled to a fair process in the treatment of their claims under the 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.
Regarding pension programs, Massapequa Park employers owe their workers particular legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. Furthermore, it is the employer who must bear the risk of any investments that are made on behalf of an employee under a matched contribution plan.
How can a Massapequa Park, New York Pension and Benefits Attorney Help?
Massapequa Park, New York lawyers can assist an employer in creating a pension plan that complies with applicable laws. Attorneys also often help employees when difficulties arise with obtaining the benefits under a plan.