Benefits and pensions for employees often come into play during the hiring process as well as when the employee leaves the organization for whatever reason. 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.
Also, if a Woodstock 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. Furthermore, 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 Virginia law?
Those employers who provide medical plans for employees owe certain 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. There are also some laws which give employees the right to continue on their health care plan from the previous employee during periods in which they are actively pursuing new employment.
Employers in Woodstock also owe legal duties to employees who receive pension plans. First, the employer is bound by law to provide the benefits that were guaranteed in the payment plan. Second, any risks involving investments made on behalf of an employee according to matched contribution plans must be borne by the employer.
How can a Woodstock, Virginia Pension and Benefits Attorney Help?
Woodstock, Virginia attorneys may help employers in implementing pension plans that comply with the applicable laws. They may also help workers who are having difficulties in obtaining the benefits of a given plan.