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.
Also, if a New Hyde 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. Also, 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?
Employers who provide medical plans to their employees owe them certain 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. Some laws also permit employees who lose their jobs to continue receiving the health coverage they had with their previous employer while they seek new employment.
Regarding pension programs, New Hyde Park employers owe their workers certain legal duties. First, the law requires the employer to deliver any benefits that were guaranteed within the pension program. Also, 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 New Hyde Park, New York Pension and Benefits Attorney Help?
New Hyde Park, New York lawyers can help an employer in creating a pension plan that complies with applicable laws. Attorneys also often assist employees when difficulties arise with obtaining the benefits under a plan.