Issues with benefit plans and pension payments arise both when hiring an employee and when they leave the job. Texas's laws specifically govern the way in which employers implement health plans and retirement pension payments. Recipients of such benefit plans can file claims using these laws.
Furthermore, if a Crockett employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. 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 Texas law?
Employers owe particular legal duties to the employees in providing them with medical plans. Under Texas 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.
Crockett employers also owe legal duties to those given pension programs. First, they are legally required to provide the benefits that were promised under a set benefit plan. Additionally, 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 Crockett, Texas Pension and Benefits Attorney Help?
In Crockett, Texas, lawyers can help those employers who need help in creating pension plans that comply with employment laws. Attorneys may also help employees when it comes to obtaining the benefits described in a particular plan.