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 Rhode Island regulate how employers can distribute health and retirement plans; beneficiaries and recipients of such plans can file their claims under such laws.
Furthermore, employers in Woonsocket must deliver any benefits to the employee that were included in a contract when the employee started work. Additionally, employers bear the risk of any investments that are made on behalf of an employee according to a matched contribution plan.
What Employee Benefits are Protected by Rhode Island law?
Employers owe specific legal duties to the employees in providing them with medical plans. Under Rhode Island 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. Some laws also permit employees who lose their jobs to continue receiving the health coverage they had with their previous employer while they seek new employment.
Employers in the city of Woonsocket also owe their employees legal duties with regard to pension plans. First, the law requires that they provide any benefits that were guaranteed to their employee in any given benefit agreement. Additionally, employers bear the risk of any investments that are made on behalf of an employee according to a matched contribution plan
How can a Woonsocket, Rhode Island Pension and Benefits Attorney Help?
Woonsocket, Rhode Island attorneys may assist employers in implementing pension plans that comply with the applicable laws. They may also assist workers who are encountering difficulties in obtaining the benefits of a given plan.