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.
Tyrone 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. 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 required 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 certain 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 equal treatment in the processing of any claims under the medical plan. For employees who lost their jobs, there are some laws that allow them to continue the health care plan they had with their previous employer while they actively look for a new job.
Employers in Tyrone also owe legal duties to employees who receive pension plans. First, the employer is bound by law to provide the benefits that were guaranteed in the payment plan. Furthermore, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Tyrone, Pennsylvania Pension and Benefits Attorney Help?
Tyrone, Pennsylvania 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.