asked 89.7k views
3 votes
According to statutory leaves of absence, during the leave period, what is the employer required to continue paying for benefit plans?

a) Employee premiums
b) Full premiums
c) Its share of premiums
d) No premiums

1 Answer

2 votes

Final answer:

During a statutory leave of absence, an employer must continue to pay C) its share of premiums for benefit plans, which includes employee insurance, social security, and other benefits.

Step-by-step explanation:

According to statutory leaves of absence, during the leave period, an employer is required to continue paying for C) its share of premiums for benefit plans.

This typically includes employee insurance, potentially covering health, retirement plans, employer payments to social security, unemployment and worker's compensation insurance, other benefits like Medicare, and total compensation per hour.

For pension insurance, specifically, employers that offer pensions are required to contribute to the Pension Benefit Guarantee Corporation to ensure some level of pension benefits in the event of company bankruptcy.

answered
User Elbert
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