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Mealey's Labor & Employment - Employers Seek Rehearing After Panel Finds Vested Lifetime Benefits For Retirees

CHICAGO - Employers ordered by the Seventh Circuit U.S. Court of Appeals to continue providing health insurance benefits for retirees and their families filed a petition for rehearing or rehearing en banc on Dec. 18, arguing that the panel erred in reading the contract and that the ruling "runs afoul of decades of this Circuit's precedent" (Harold Stone, et al. v. Signode Industrial Group LLC, et al., No. 19-1601, 7th Cir.).
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