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 New Paltz 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. Additionally, 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 specific legal duties according to the laws of New York. They are required to disclose any important details of the medical coverage, and employees who file a claim are entitled to fair treatment in the processing of their complaint. For employees who lost their jobs, there are some laws that allow them to continue the health care plan they had with their previous employer while they actively look for a new job.

New Paltz employers also owe legal duties to those given pension programs. First, they are legally bound to provide the benefits that were promised under a set benefit plan. Second, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.

How can a New Paltz, New York Pension and Benefits Attorney Help?

Lawyers in New Paltz, New York can help an employer in drafting a pension plan that is in compliance with the respective law. An attorney can also help employees in negotiating unforeseen difficulties arising out of a benefits plan.