Nova 401(k) Associates
Creative Pension Consultants, Inc.
Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Atlantic Pension Services Inc
The Retirement Plan Company (TRPC)/an ABG firm
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|Traditional Contract Rules Determine Whether Retirees Are Entitled to Lifetime Healthcare Benefits|
Fisher & Phillips LLP
Jan. 26, 2015
"For many employers, this important term will already be explicitly addressed in their CBAs.... These employers can stop a traditional contract interpretation challenge due to the unambiguous written terms of the contract.... [If] an existing CBA remains silent or ambiguous as to this term, the intent of the parties will be left to the judgment of a court. The Supreme Court provided a list of areas that a court should evaluate before coming to a conclusion as to the intent of parties. But relying on an ambiguous term is a dangerous and arbitrary way to contract[.]" [M&G Polymers v. Tackett, No. 13-1010 (U.S. Jan. 26, 2015)]
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