Wednesday, January 28, 2015
Tweet[IWS] Supreme Ct.: OLD UNION CONTRACTS IMPLYING "LIFETIME HEALTH BENEFITS" NOT VALID CONTRACTUALLY [26 January 2015]
IWS Documented News Service
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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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see
SUPREME COURT OF THE UNITED STATES
Syllabus
M&G POLYMERS USA, LLC, ET AL. v. TACKETT ET AL [26 January 2015]
CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT
http://www.supremecourt.gov/opinions/14pdf/13-1010_7k47.pdf
Los Angeles Times
Press Release 26 January 2015
Supreme Court knocks down promised health benefits for union retirees
http://www.latimes.com/nation/la-na-supreme-court-health-benefits-union-retirees-20150126-story.html
[excerpt
The Supreme Court cast doubt Monday on the future of old union contracts that had promised lifetime health benefits for retired workers and their families.
In a case seen as a victory for corporate America, the justices ruled these promises should not be treated as “vested rights” unless they are spelled out in the contract.
“When a contract is silent as to the duration of retiree benefits, a court may not infer that the parties intended those benefits to vest for life,” wrote Justice Clarence Thomas.
In the unanimous opinion, Thomas chided lower-court judges who upheld the retiree benefits, citing "traditional principle that courts should not construe ambiguous writings to create lifetime promises."
AND MORE....
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