Issues with benefit plans and pension payments arise both upon hiring an employee and when they leave the job. 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.
Furthermore, if an Albany 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. Additionally, 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 Oregon law?
Those employers who provide medical plans for employees owe particular legal duties under Oregon 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 lost their jobs to continue receiving the health coverage they had with their prior employer while they seek new employment.
Regarding pension programs, Albany employers owe their workers particular legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. Furthermore, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Albany, Oregon Pension and Benefits Attorney Help?
Albany, Oregon 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.