Issues with benefit plans and pension payments arise both when hiring an employee and when they leave the job. The laws of the state of Pennsylvania regulate how employers can distribute health and retirement plans; beneficiaries and recipients of such plans can file their claims under such laws.
State College employers also owe legal duties to those given pension programs. First, they are legally required to provide the benefits that were promised under a set benefit plan. 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 standard minimum amount of time spent working for the employer in order for the employee to receive benefits.
What Employee Benefits are Protected by Pennsylvania law?
Pennsylvania laws require that employers providing medical plans for their workers perform particular legal duties. The employer must inform the employee about their health plans, and the employee is entitled to fair treatment in the review process of their claim. 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.
Regarding pension programs, State College employers owe their workers particular legal duties. First, the law requires the employer to deliver any benefits that were guaranteed within the pension program. Additionally, the employer must bear the risk on any investments which are made on behalf of a worker according to terms in a matched contribution arrangement.
How can a State College, Pennsylvania Pension and Benefits Attorney Help?
State College, Pennsylvania lawyers can help an employer in creating a pension plan that complies with applicable laws. Attorneys also often assist employees when difficulties arise with obtaining the benefits under a plan.