Issues with benefit plans and pension payments arise both upon hiring an employee and when they leave the job. The laws of the state of Pennsylvania regulate how employers may distribute health and retirement plans; beneficiaries and recipients of such plans may file their claims under such laws.
Punxsutawney employers also owe legal duties to those given pension programs. First, they are legally bound to provide the benefits that were promised under a set benefit plan. While some benefits are paid by the employer, others involve voluntary employee contributions. Moreover, 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 Pennsylvania law?
Under Pennsylvania law, employers who provide employees with medical plans owe them specific legal duties. For example, they must disclose important health plan information, and employees must be provided with a fair process when reviewing their claims according to the 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.
Regarding pension programs, Punxsutawney employers owe their workers specific legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. 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 Punxsutawney, Pennsylvania Pension and Benefits Attorney Help?
Lawyers in Punxsutawney, Pennsylvania can help an employer in drafting a pension plan that is in compliance with the respective law. An attorney can also help employees in negotiating unforeseen difficulties arising out of a benefits plan.