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 South Carolina 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 Charleston must deliver any benefits to the employee that were included in a contract when the employee started work. Also, 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 South Carolina law?
Employers owe specific legal duties to the employees in providing them with medical plans. Under South Carolina 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 some laws that give employees the right to continue on their health care plan from the prior employee during periods in which they are actively pursuing new employment.
In the city of Charleston, employees who receive pension programs are owed a legal duty by the employer. First of all, the employer has a duty to provide all the benefits that may have been mentioned in the pension payment plan. Also, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Charleston, South Carolina Pension and Benefits Attorney Help?
Charleston, South Carolina 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.