Benefits and pension arrangements are part of both the hiring procedure as well the retirement or termination process. The state of Ohio has laws regulating 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.
Also, if a Northwood employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. While some benefits are paid by the employer, others involve voluntary employee contributions. Furthermore, employers often require that the employee work for a minimum amount of time with them before they are eligible to receive benefits.
What Employee Benefits are Protected by Ohio law?
Those employers who provide medical plans for employees owe certain legal duties under Ohio law to those they cover. They must disclose important information about the health plans, and employees are entitled to a fair process in the treatment of their claims under the plan. Some laws also permit employees who lose their jobs to continue receiving the health coverage they had with their previous employer while they seek new employment.
Employers in the city of Northwood 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, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Northwood, Ohio Pension and Benefits Attorney Help?
Northwood, Ohio 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.