Issues with benefit plans and pension payments arise both upon hiring an employee and when they leave the job. The state of Virginia 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, employers in Norfolk must deliver any benefits to the employee that were included in a contract when the employee started work. The employer often pays for some of the benefit plans, but other plans require additional voluntary contributions from the employee. Further, employees are sometimes required to work for a minimum amount of time before becoming eligible for certain benefits.
What Employee Benefits are Protected by Virginia law?
Employers who provide medical plans to their employees owe them certain legal duties according to the laws of Virginia. They are required to disclose any 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 lost their jobs, there are some laws that allow them to continue the health care plan they had with their previous employer while they actively look for a new job.
Regarding pension programs, Norfolk employers owe their workers certain legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. Second, the employer must bear the risk on any investments which are made on behalf of a worker according to terms in a matched contribution arrangement.
How can a Norfolk, Virginia Pension and Benefits Attorney Help?
Norfolk, Virginia lawyers can assist an employer in creating a pension plan that complies with applicable laws. Attorneys also often help employees when difficulties arise with obtaining the benefits under a plan.