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.
Furthermore, if a Denton employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. Furthermore, 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 equal treatment in the processing of any claims under the medical plan. There are also some laws which give employees the right to continue on their health care plan from the previous employee during periods in which they are actively pursuing new employment.
Denton 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. Furthermore, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Denton, Texas Pension and Benefits Attorney Help?
Attorneys in Denton, Texas 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.