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 Petersburg 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. Additionally, 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 owe particular legal duties to the employees in providing them with medical plans. Under Virginia 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. There are also laws that allow employees who lose their jobs to continue the health coverage they had with their employer while they look for new work.

Employers in the city of Petersburg also owe their employees legal duties with regard to pension plans. First, the law requires that they provide any benefits that were promised to their employee in any given benefit agreement. Furthermore, 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 Petersburg, Virginia Pension and Benefits Attorney Help?

In Petersburg, Virginia, lawyers can help those employers who need help 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.