While it may seem that companies should honor their debts without being forced, every penny that goes to someone fort heir retirement is one that cannot be spent on something else for the company. For this reason, there are a number of greedy companies that choose not to honor their obligations to their former employees or who try and pay out less than they should. Many times as reiterated by Springer Ayeni APLC ERISA, they get away with this as people don’t notice or don’t understand that they have an actual right to their payment, one that holds up in court very well.
For this reason, anyone who feels that they are not getting the correct compensation or that they are being treated unfairly when it comes to their retirement should contact a licensed ERISA attorney to see if they have a case. These attorneys take on thousands of these cases each and every year, winning the vast majority, and increasing the payout their their clients get, often adding in settlements for pain, suffering, wages lost, or breach of contract in the process.
Even if you are not retiring, you may be able to get in contact with one of these attorneys if you feel that your health insurance compensation is not being applied correctly. This is also another common tactic that greedy companies hope employees won’t protest. This can take the form of only paying out certain sick days, denying claims that insurance has approved, or even forcing their employees to go to doctors who deny they have a problem. All of these actions are illegal and employees are entitled to the full coverage listed in their health insurance contract.
They can even help you if your company has agreed to pay but is withholding back pay, delaying payments, or paying less than the original amount. These cases are often quite open and shut when the agreement was recorded in any manner, getting money into the hands of clients in just a few weeks.
Most of the time, companies will want to settle out of court, choosing to comply with the law rather than having the rest of their business dealings scrutinized. They will often settle for more than what is owed, choosing to pay quickly to avoid any further problems. This makes an ERISA attorney the fastest way to get the payout you are entitled to while you are in need.
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