When people reach retirement age, they are mentally prepared to lay back, relax, and be financially cared for by their employers through pensions. However, in some cases, certain issues may arise with retirement pension plans and benefits that may become challenging to deal with. If you are dealing with such situations, understanding the legal recourse for mishandled benefits can help you through the process of suing your employer and securing the pension and benefits you deserve. We turned to the Las Vegas retirement and pension dispute lawyers to help shed light on the matter.
Retirement and Pension Dispute Examples
Some examples of common retirement and pension disputes include:
Eligibility Disputes
Sometimes, a retired individual might believe they deserve certain pension and retirement benefits for their service. However, their former employers might disagree. Such disputes might occur due to several factors, including misinformation and an employer’s inability to offer a retired employee the pension and benefits they deserve according to their designation, years of service and salary, etc.
When deciding on pension and retirement, every firm must follow certain eligibility criteria that consider an individual’s age, years of service, and other details to calculate a fair retirement plan. In cases where an individual believes they are not receiving fair pension and retirement benefits according to their years of service at a firm, age, and salary at the time of retirement, they can file a lawsuit against their employer.
Benefit Calculation Disputes
According to the Las Vegas retirement and pension dispute lawyers, benefit calculation displays are among the most common areas employers and employees disagree. Employers may consider factors like an employee’s age, designation, and years of service at a company to calculate their benefits. However, sometimes discrepancies in the calculations may not sit right with the employees, which may lead to them suing their employer.
Early Retirement Disputes
Some private and public entities offer their employees a chance at early retirement. However, these offers come with terms and conditions that may involve pension cuts, minimal benefits, etc. In certain cases, misunderstanding these terms and conditions or a company’s inability to offer fair compensation or benefits can result in early retirement disputes. Employees may disagree with the benefit reduction and question the fairness of the alteration in benefits, which can result in lengthy legal battles.
Beneficiary Designation Disputes
Certain public or private entities offer retirement plans to their former employees that allow them to designate beneficiaries. These beneficiaries receive the benefits in case of the retirement plan holder’s death. However, disputes may arise when a retirement plan holder chooses the beneficiaries. Some companies may only allow an individual’s immediate family members, like spouses or children, to become beneficiaries.
However, in case of the retirement holder’s death, family members may have conflicting claims regarding the rightful beneficiaries, resulting in disputes. Furthermore, beneficiary disputes may also occur where verifying the authenticity of the designated heirs may be challenging. These incredibly complex and emotionally draining scenarios may require legal resources to ensure the intended beneficiaries receive the retirement benefits.
How Retirement and Pension Dispute Lawyers Can Help
When dealing with retirement and pension disputes, people are often left confused and helpless and may wonder, ‘How can I sue my employer for retirement and pension disputes.’ This is where Las Vegas retirement and pension dispute lawyers can help. Retirement and pension dispute lawyers have an in-depth understanding of the laws governing retirement and pension disputes. They use their training, expertise, and experience in the field to research and evaluate clients’ retirement and pension dispute cases and offer personalized advice, helping them make informed decisions. Additionally, retirement and pension lawyers have the skills to negotiate a retirement plan in court on behalf of their clients and secure the highest possible compensation.
Also Read: The Different Types of Workplace Discriminations You Can Sue Your Employer For
Contact Our Las Vegas Retirement and Pension Dispute Lawyers for Help with Suing your Employer
If you believe your employer is not offering you the pension and retirement benefits you deserve, our experienced retirement and pension dispute lawyers at Bourassa Law Group can help. Our law firm is among the top law firms in the Las Vegas, Scottsdale, and Denver areas.
We have helped several individuals file lawsuits against their employers for unfair retirement and pension benefits and receive the best possible outcomes. We will study your case in-depth and help you resolve any retirement and pension disputes you might be dealing with. Below are a few more reasons why you should choose us to fight for your rights in court:
- No fees unless we win
- Commitment and resources
- Trial results and experience
- Proven track record
- Strategic thinking and analysis
- Free case evaluation
If you have any further queries about how we can help, dial (800)870-8910 to speak to our representative or fill out the contact form here.