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.
In addition, the employer in Ogdensburg is obligated to make sure the employee receives any benefits that were guaranteed in a contract when the employee started their work. Additionally, employers bear the risk of any investments that are made on behalf of an employee according to a matched contribution plan.
What Employee Benefits are Protected by New York law?
Under New York law, employers who provide employees with medical plans owe them certain legal duties. For instance, they must disclose important health plan information, and employees must be provided with a fair process when reviewing their claims according to the plan. Also, 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.
Ogdensburg 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. 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 Ogdensburg, New York Pension and Benefits Attorney Help?
In Ogdensburg, New York, lawyers can help those employers who need assistance 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.