Issues with benefit plans and pension payments arise both when hiring an employee and when they leave the job. The state of Virginia 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.
Additionally, if a Bluefield employer guaranteed any benefits to the employer in a contract when work began, they must make good on these. 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.
What Employee Benefits are Protected by Virginia law?
Those employers who provide medical plans for employees owe specific legal duties under Virginia law to those they cover. They must disclose important information about the health plans, and employees are entitled to a fair process in the treatment of their claims under the plan. 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.
Employers in Bluefield 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. Also, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Bluefield, Virginia Pension and Benefits Attorney Help?
Attorneys in Bluefield, Virginia 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.