Issues with benefit plans and pension payments arise both when hiring an employee and when they leave the job. The state of Texas has laws regulating 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.
Sometimes benefits are paid directly by the employer, while other instances of benefits require voluntary contributions from the worker. Also note that there can be a standard minimum amount of time spent working for the employer in order for the employee to receive benefits. Under Texas law, employers who provide employees with medical plans owe them specific 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.
What Employee Benefits are Protected by Texas law?
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. The Colony employers also owe legal duties to those given pension programs. First, they are legally required to provide the benefits that were promised under a set benefit plan.
Additionally, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer. Attorneys in The Colony, Texas will assist employers who wish to create pension plans that are in compliance with the law. A lawyer also helps employees who encounter difficulties in obtaining benefits under a pension or other type of plan.
How can a The Colony, Texas Pension and Benefits Attorney Help?