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.
Selma 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. While some benefits are paid by the employer, others involve voluntary employee contributions. Moreover, employers often require that the employee work for a minimum amount of time with them before they are eligible to receive benefits.
What Employee Benefits are Protected by Texas law?
Under Texas law, employers who provide employees with medical plans owe them specific legal duties. For example, they must disclose important health plan information, and employees must be provided with a fair process when reviewing their claims according to the plan. Additionally, some laws let employees who are out of work receive health care from a previous employer's plan while they are looking for a new job.
Employers in the city of Selma 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. Second, it is the employer who must bear the risk of any investments that are made on behalf of an employee under a matched contribution plan.
How can a Selma, Texas Pension and Benefits Attorney Help?
Lawyers in Selma, Texas can help an employer in drafting a pension plan that is in compliance with the respective law. An attorney can also help employees in negotiating unforeseen difficulties arising out of a benefits plan.