Issues with benefit plans and pension payments arise both upon hiring an employee and when they leave the job. The state of Utah 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.
Additionally, if a Farmington employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. Furthermore, 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 owe specific legal duties to the employees in providing them with medical plans. Under Utah law, employers must disclose health plan information, and the employee is entitled to equal treatment in the processing of any claims under the medical plan. Some laws also permit employees who lost their jobs to continue receiving the health coverage they had with their prior employer while they seek new employment.
In the city of Farmington, employees who receive pension programs are owed a legal duty by the employer. First of all, the employer has a duty to provide all the benefits that may have been stated in the pension payment plan. Second, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Farmington, Utah Pension and Benefits Attorney Help?
In Farmington, Utah, lawyers can help those employers who need guidance in creating pension plans that comply with employment laws. Attorneys may also assist employees when it comes to obtaining the benefits described in a particular plan.