Issues with benefit plans and pension payments arise both when 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 search for new work.
Furthermore, employers in Bryn Mawr must deliver any benefits to the employee that were included in a contract when the employee started work. The employer often pays for some of the benefit plans, but other plans require further voluntary contributions from the employee. Moreover, employees are sometimes required to work for a minimum amount of time before becoming eligible for certain benefits.
What Employee Benefits are Protected by Pennsylvania law?
Those employers who provide medical plans for employees owe certain legal duties under Pennsylvania 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. For employees who lose their jobs, there are some laws that allow them to continue the health care plan they had with their prior employer while they actively look for a new job.
Employers in Bryn Mawr also owe legal duties to employees who receive pension plans. First, the employer is required by law to provide the benefits that were guaranteed in the payment plan. Additionally, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Bryn Mawr, Pennsylvania Pension and Benefits Attorney Help?
Attorneys in Bryn Mawr, Pennsylvania will assist 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.