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Article: The Uncertain Promise of Retiree Health Benefits.
- Article from:
- Southern Economic Journal
- Article date:
- July 1, 1993
- Author:
CopyrightCOPYRIGHT 1993 Southern Economic Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Employee Retirement Income Security Act of 1974 (ERISA) established a federal program to insure that an employee received promised pension benefits when the employee's pension plan is underfunded. Unfortunately, the protections provided by ERISA do not extend to retiree health benefits. With the aging of the working population and the rising cost of health care, employers are questioning their ability to continue offering retiree health benefits at the level which had been provided in the past. The central issue of this book is the certainty of the promise of retiree health benefits.
The main body of the book consists of ten chapters and a brief appendix by ...