Secured with SHA-256 Encryption
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Federal law does not require employers to offer retirement plans to their employees. If employers choose to offer retirement plans, they must follow strict guidelines regarding how the plans are managed, operated, and presented to employees. The Employee Retirement Income Security Act (ERISA) is the law that governs all retirement plans in the United States.
→ Read MoreEmployer-provided health insurance does not always have to cover step-children, even though policies may generally cover biological and legally adopted children. Employer-provided health insurance only needs to cover those people that it specifically states it will cover, based upon company policy, employer plans, and state laws. When someone pays for “family coverage,” that coverage is necessarily based on a definition of “family” of legal relationships, such as those of blood, marriage, or adoption. If someone does not meet those specific definitions, they may not be covered by insurance, even if they are part of family” by modern —though non-legal —definitions.
→ Read MoreCliff vesting means an employee becomes 100 percent vested (and entitled to the full amount of promised pension benefits) all at once. When an employer offers graduated vesting, the employee obtains the absolute right to his benefits over time. For instance, an employee might become 20 percent vested after one year; 50 percent vested after two years and 100 percent vested after three years. With cliff vesting, an employee who leaves the company before the designated vesting time will leave with no portion of the employer-provided retirement benefits at all.
→ Read MoreYour employer changes health insurance plans mid-year, what happens in regards to payments you’ve made against the deductible on the existing plan?
→ Read MoreThere is no law requiring that employees add their families (including spouses) to employer-provided health insurance. Therefore, while you are married, he does not need…
→ Read MoreYes, you have to pay back your employer for your share of the premiums if they were underpaid for any reason. Insufficient funds were taken…
→ Read MoreDoes an employer have to offer employees benefits, such as vacations, health plans, pension, etc.?
→ Read MoreIf you pay health insurance premiums to your company, and the company declares bankruptcy – and so does not actually make the payments to the health insurance company – what happens may depend on the type of bankruptcy filed as well as the specifics of your health plan. In general, however, if your company declares bankruptcy, you will have your health insurance premiums paid or you will get a refund for the money withheld from you.
→ Read MoreWhat happens to my pension money if leave work and take another job?
→ Read MoreUnpaid profit sharing money is generally covered under wage and hour laws, which means that there are a number of resources available to you if the money is not paid in a timely manner. One option is to contact the state Department of Employment in the state where you worked.
→ Read MoreFind the right lawyer for your legal issue.
Secured with SHA-256 Encryption
