EEOC ruling codifies benefits cutback
Richmond Times-Dispatch, December 31, 2007
An Equal Employment Opportunity Commission ruling that employers can cut benefits for retirees who turn 65 and become eligible for Medicare basically codifies current practice. Analysts say most employers already coordinate their retiree benefits with Medicare, and the policy helps businesses and retirees under the age of 65, who have the most difficulty finding health insurance in the open market.
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