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 Waterville 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?
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 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 Waterville 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. Second, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Waterville, Ohio Pension and Benefits Attorney Help?
In Waterville, Ohio, 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.