Legal Question in Employment Law in California
If an employer terminates a retirement plan with matching contributions, can the employer raise wages to compensate for the lost benefit to the employee?
Asked on 5/15/15, 10:47 am
1 Answer from Attorneys
Charles Perry
Law Offices of Charles R. Perry
The employer certainly has the right to do this. The employer, however, is certainly not obligated to do so.
Answered on 5/16/15, 1:02 am