EEOC ruling backs benefit cuts at 65

New York Times
Posted: December 28th, 2007 by Steve Trinward

“The Equal Employment Opportunity Commission said Wednesday that employers could reduce or eliminate health benefits for retirees when they turn 65 and become eligible for Medicare. The policy, set forth in a new regulation, allows employers to establish two classes of retirees, with more comprehensive benefits for those under 65 and more limited benefits — or none at all — for those older. More than 10 million retirees rely on employer-sponsored health plans as a primary source of coverage or as a supplement to Medicare, and Naomi C. Earp, the commission’s chairwoman, said, ‘This rule will help employers continue to voluntarily provide and maintain these critically important health benefits.’” [editor’s note: Maintain them … by breaking promises to those who worked expecting “coverage” in their dotage,so that Medicare is the only option left. Another brilliant move to “reduce government control over our lives”? - SAT] (12/27/07)

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