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.

Also, if a Stow employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. Sometimes benefits are paid directly by the employer, while other instances of benefits require voluntary contributions from the worker. Also note that there can be a required minimum amount of time spent working for the employer in order for the employee 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. Also, some laws let employees who are out of work receive health care from a previous employer's plan while they are looking for a new job.

Employers in Stow also owe legal duties to employees who receive pension plans. First, the employer is bound by law to provide the benefits that were guaranteed in the payment plan. Secondly, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.

How can a Stow, Ohio Pension and Benefits Attorney Help?

Stow, Ohio lawyers can assist an employer in creating a pension plan that complies with applicable laws. Attorneys also often help employees when difficulties arise with obtaining the benefits under a plan.