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 Oneonta is obligated to make sure the employee receives any benefits that were guaranteed in a contract when the employee started their work. Also, 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 specific 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. Additionally, 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.
Employers in the city of Oneonta also owe their employees legal duties with regard to pension plans. First, the law requires that they provide any benefits that were guaranteed to their employee in any given benefit agreement. Also, employers bear the risk of any investments that are made on behalf of an employee according to a matched contribution plan
How can a Oneonta, New York Pension and Benefits Attorney Help?
Oneonta, New York attorneys may assist employers in implementing pension plans that comply with the applicable laws. They may also assist workers who are encountering difficulties in obtaining the benefits of a given plan.