Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Loan & Distribution Specialist AimPoint Pension
|
Compass
|
Bates & Company, Inc.
|
AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Honeywell Gets Mixed Results in Courts Over Retiree Health Cuts
Bloomberg BNA Mar. 2, 2017
"Honeywell International Inc. can't cut lifetime health-care benefits to retirees of a Greenville, Ohio, plant, a federal judge held Feb. 28 ... The decision is the latest setback for Honeywell in its efforts to reduce health-related expenses by eliminating lifetime coverage for retirees and their dependents. Honeywell's 2015 plan to terminate retirees' health benefits resulted in four lawsuits in federal courts in Connecticut, Michigan and Ohio. So far, two courts have ruled in favor of the retirees and one in favor of Honeywell. Another court gave a partial win to the company, holding that the cuts were allowed for some retirees." [Fletcher v. Honeywell Int'l, Inc., No. 16-302, (S.D. Ohio Feb. 28, 2017)]
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |