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.
Furthermore, employers in Waterford are required to perform on any benefits that may have been promised to the employee in a contract when work began. 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 Wisconsin law?
Employers owe particular legal duties to the employees in providing them with medical plans. Under Wisconsin 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. Some laws also permit employees who lost their jobs to continue receiving the health coverage they had with their prior employer while they seek new employment.
Employers in the city of Waterford 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. 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 Waterford, Wisconsin Pension and Benefits Attorney Help?
Waterford, Wisconsin 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.