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 Horry County 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?
Under South Carolina law, employers who provide employees with medical plans owe them particular legal duties. For example, they must disclose important health plan information, and employees must be provided with a fair process when reviewing their claims according to the plan. Furthermore, some laws let employees who are out of work receive health care from a previous employer's plan while they are looking for a new job.
In the city of Horry County, 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 stated in the pension payment plan. Furthermore, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Horry County, South Carolina Pension and Benefits Attorney Help?
Horry County, South Carolina 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.