Benefits and pension arrangements are part of both the hiring process as well the retirement or termination process. The state of New York has laws governing the way that employers are allowed to administer health benefits and pension plans. Recipients and beneficiaries of these packages can file their claims under the state laws.

Westbury 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. The employer often pays for some of the benefit plans, but other plans require additional voluntary contributions from the employee. Further, employees are sometimes required to work for a minimum amount of time before becoming eligible for certain benefits.

What Employee Benefits are Protected by New York law?

New York laws require that employers providing medical plans for their workers perform specific legal duties. The employer must inform the employee about their health plans, and the employee is entitled to fair treatment in the review process of their claim. There are also laws that allow employees who lose their jobs to continue the health coverage they had with their employer while they look for new work.

Employers in the city of Westbury also owe their employees legal duties with regard to pension plans. First, the law requires that they provide any benefits that were promised to their employee in any given benefit agreement. Second, the employer must bear the risk on any investments which are made on behalf of a worker according to terms in a matched contribution arrangement.

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

In Westbury, New York, lawyers can help those employers who need guidance in creating pension plans that comply with employment laws. Attorneys may also assist employees when it comes to obtaining the benefits described in a particular plan.