Issues with benefit plans and pension payments arise both when hiring an employee and when they leave the job. The state of Utah 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.
Furthermore, if a Bountiful employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. 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 Utah law?
Employers who provide medical plans to their employees owe them particular legal duties according to the laws of Utah. They are required to disclose all important details of the medical coverage, and employees who file a claim are entitled to fair treatment in the processing of their complaint. 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.
Bountiful 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, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Bountiful, Utah Pension and Benefits Attorney Help?
In Bountiful, Utah, lawyers can help those employers who need help in creating pension plans that comply with employment laws. Attorneys may also help employees when it comes to obtaining the benefits described in a particular plan.