Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Court Requires Successor Employer to Continue Retiree Health Benefits Provided by Prior Collective Bargaining Agreement
Polsinelli PC Link to more items from this source
Apr. 10, 2019

"The court noted that 'unlike pension benefits under ERISA, insurance benefits, such as the benefits at issue in this case, do not automatically vest' and an employer 'may create vested welfare benefits by contract.' The defendants argued that Section 6 of the CBA limited lifetime health benefits because the phrase 'except as the Company and the Union may agree otherwise' incorporated Section 7's language permitting unilateral termination. The court disagreed, noting that Section 7 referred only to termination of the CBA, and did not apply to health benefits under Section 6." [Stone v. Signode Industrial Group, LLC, No. 17-5360 (N.D. Ill. Mar, 13, 2019)]

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).
© 2024 BenefitsLink.com, Inc.