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Tuesday, March 25, 2008
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What's that about judicial activism?
posted by
Clyde
11:14 AM
Supreme Court allows retiree benefit cuts
The Supreme Court on Monday gave employers a green light to reduce health benefits for millions of retirees who turn 65 and become eligible for Medicare. The justices turned away a legal challenge from AARP, the nation's leading senior citizens lobby, which had contended these lower benefits for older retirees violated the federal law against age discrimination.
The court's action upholds, in effect, a rule adopted last year by federal regulators that says the "coordination of retiree health benefits with Medicare" is exempt from the anti-age-bias law.
Advocates for companies and labor unions openly disagreed with AARP and applauded the outcome. They said this compromise rule will encourage employers to maintain health coverage for their retirees. Otherwise, employers might drop all benefits for their former employees, they said.
They said it will prove especially helpful to those younger retirees who were offered continued healthcare when they left full-time work.
(Link)
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2 comments
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Thanks Dumbacratics, for stopping those Supreme Court appointments! Of course, they don't have to worry about such things as health care and retirement benefits.
posted by
at 7:37 PM |
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Many companies have left the US for Canada and Europe. Even though they pay higher taxes their workers still have health care and insuring workers directly costs more. The same way Medicare saves money.
posted by
at 11:40 AM |
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