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.
In addition, the employer in Jasper is obligated to make sure the employee receives any benefits that were guaranteed in a contract when the employee started their work. Additionally, 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?
Under Texas law, employers who provide employees with medical plans owe them particular legal duties. For instance, they must disclose important health plan information, and employees must be provided with a fair process when reviewing their claims according to the plan. For employees who lose their jobs, there are some laws that allow them to continue the health care plan they had with their prior employer while they actively look for a new job.
Employers in the city of Jasper also owe their employees legal duties with regard to pension plans. First, the law requires that they provide any benefits that were guaranteed to their employee in any given benefit agreement. Additionally, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Jasper, Texas Pension and Benefits Attorney Help?
Jasper, Texas lawyers can help an employer in creating a pension plan that complies with applicable laws. Attorneys also often assist employees when difficulties arise with obtaining the benefits under a plan.