Issues with benefit plans and pension payments arise both upon hiring an employee and when they leave the job. Texas's laws specifically govern the manner in which employers implement health plans and retirement pension payments. Recipients of such benefit plans can file claims using these laws.
Addison 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 Texas law?
Texas laws require that employers providing medical plans for their workers perform certain legal duties. The employer must inform the employee about their health plans, and the employee is entitled to fair treatment in the review process of their claim. 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, Addison employers owe their workers certain legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. Secondly, it is the employer who must bear the risk of any investments that are made on behalf of an employee under a matched contribution plan.
How can a Addison, Texas Pension and Benefits Attorney Help?
Addison, Texas 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.