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 Keller 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. There are also some laws that give employees the right to continue on their health care plan from the prior employee during periods in which they are actively pursuing new employment.
Regarding pension programs, Keller employers owe their workers particular legal duties. First, the law requires the employer to deliver any benefits that were guaranteed within the pension program. Additionally, the employer must bear the risk on any investments which are made on behalf of a worker according to terms in a matched contribution arrangement.
How can a Keller, Texas Pension and Benefits Attorney Help?
Keller, Texas attorneys may assist employers in implementing pension plans that comply with the applicable laws. They may also assist workers who are encountering difficulties in obtaining the benefits of a given plan.