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 Midland is obligated to make sure the employee receives any benefits that were guaranteed in a contract when the employee started their work. The employer often pays for some of the benefit plans, but other plans require further voluntary contributions from the employee. Furthermore, employees are sometimes required to work for a minimum amount of time before becoming eligible for certain benefits.
What Employee Benefits are Protected by Texas law?
Texas laws require that employers providing medical plans for their workers perform specific 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. Additionally, some laws let employees who are out of work receive health care from a prior employer's plan while they are looking for a new job.
Employers in the city of Midland 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. Also, 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 Midland, Texas Pension and Benefits Attorney Help?
Midland, 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.