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 South Carolina regulate how employers may distribute health and retirement plans; beneficiaries and recipients of such plans may file their claims under such laws.
Additionally, employers in Columbia must deliver any benefits to the employee that were included in a contract when the employee started work. 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 South Carolina law?
Those employers who provide medical plans for employees owe specific legal duties under South Carolina law to those they cover. They must disclose important information about the health plans, and employees are entitled to a fair process in the treatment of their claims under the plan. Some laws also permit employees who lost their jobs to continue receiving the health coverage they had with their prior employer while they seek new employment.
Regarding pension programs, Columbia employers owe their workers specific legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. Furthermore, employers bear the risk of any investments that are made on behalf of an employee according to a matched contribution plan
How can a Columbia, South Carolina Pension and Benefits Attorney Help?
Attorneys in Columbia, South Carolina will help employers who wish to create pension plans that are in compliance with the law. A lawyer also helps employees who encounter difficulties in obtaining benefits under a pension or other type of plan.