Benefits and pension arrangements are part of both the hiring process as well the retirement or termination process. The state of Ohio 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.
Additionally, if a New Philadelphia employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. Furthermore, 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 Ohio law?
Employers owe specific legal duties to the employees in providing them with medical plans. Under Ohio law, employers must disclose health plan information, and the employee is entitled to equal treatment in the processing of any claims under the medical plan. There are also some laws which give employees the right to continue on their health care plan from the previous employee during periods in which they are actively pursuing new employment.
New Philadelphia 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. Furthermore, 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 New Philadelphia, Ohio Pension and Benefits Attorney Help?
Attorneys in New Philadelphia, Ohio will help employers who wish to create pension plans that are in compliance with the law. A lawyer also helps employees who encounter difficulties in obtaining benefits under a pension or other type of plan.