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 Washington Terrace employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. While some benefits are paid by the employer, others involve voluntary employee contributions. Additionally, 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 Utah law?
Employers owe particular 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 fair treatment in the processing of any claims under the medical plan. There are also laws that allow employees who lose their jobs to continue the health coverage they had with their employer while they search for new work.
Employers in Washington Terrace also owe legal duties to employees who receive pension plans. First, the employer is required by law to provide the benefits that were guaranteed in the payment 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 Washington Terrace, Utah Pension and Benefits Attorney Help?
Washington Terrace, Utah lawyers can help an employer in creating a pension plan that complies with applicable laws. Attorneys also often assist employees when difficulties arise with obtaining the benefits under a plan.