Issues with benefit plans and pension payments arise both upon hiring an employee and when they leave the job. The state of Texas has laws governing the way that employers are allowed to administer health benefits and pension plans. Recipients and beneficiaries of these packages can file their claims under the state laws.
Plano 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. The employer often pays for some of the benefit plans, but other plans require additional voluntary contributions from the employee. Additionally, 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 particular 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. There are also laws that allow employees who lose their jobs to continue the health coverage they had with their employer while they look for new work.
Employers in the city of Plano also owe their employees legal duties with regard to pension plans. First, the law requires that they provide any benefits that were promised to their employee in any given benefit agreement. 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 Plano, Texas Pension and Benefits Attorney Help?
Plano, Texas attorneys may help employers in implementing pension plans that comply with the applicable laws. They may also help workers who are having difficulties in obtaining the benefits of a given plan.