Parents of young children can relate to when a child refuses to eat something they do not like; vegetables tending often to be the culprit. When the child refuses, the parent will ask, “Why don’t you want to eat it?” The inevitable response is, “Because I don’t want to!” Rather than addressing the fallacy of
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Court Finds No Implied Promise of Continuing Retiree Medical Benefit
By Guest Author on
Posted in Retirement
“A practice or policy extended over a period of time does not translate into an implied contract right [to a continued retiree medical benefit] without clear legislative intent to create that right – an intent that REAOC has not demonstrated here.” That was the holding of the federal Ninth Circuit Court of Appeals in the…
Rescission Of Pension Benefits By City Held To Be Lawful
By Guest Author on
The vested nature of public employee retirement benefits is a hot topic. On the one hand, there are municipalities dealing with increasing pension costs and unfunded liabilities. On the other hand, there are often times a vested right to future pension benefits for employees and retirees cannot be impaired except under very limited circumstances. Most…