Tag: Supreme Court

News Notes: Court OKs Trading Pension Benefits For Signed Releases

It’s common to ask employees who accept early retirement to agree to waive future legal claims against you in exchange for higher pension payouts. But is it legal? Two years ago, the Ninth Circuit Court of Appeal ruled that Lockheed Corporation violated the Employee Retirement Income Security Act (ERISA) when it did just that. The […]

Personnel Manuals And Handbooks: Surprising Danger Lurks In Common Disclaimers; A 4-Point Update Checklist

Your employee handbooks and manuals probably state that the policies are not intended to create a contract and are subject to change. This is a common provision employers use to maintain the flexibility to modify their personnel practices and procedures. But now, in a recent case many employers will find startling, one company learned this […]

News Notes: Incomplete Summary Plan Descriptions Can Be Costly

Auto parts manufacturer Kelsey-Hayes Co. gave employees a summary plan description of their employee benefits plan stating that health insurance would continue at no cost when they retired. The summary didn’t mention the company had the right to modify or terminate benefits, even though the master health care plan paperwork did. Later, when Kelsey-Hayes informed […]