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.
Telford 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?
Employers owe particular legal duties to the employees in providing them with medical plans. Under Pennsylvania law, employers must disclose health plan information, and the employee is entitled to fair 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 search for new work.
Employers in Telford 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, it is the employer who must bear the risk of any investments that are made on behalf of an employee under a matched contribution plan.
How can a Telford, Pennsylvania Pension and Benefits Attorney Help?
Telford, 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.