Retiree health benefits: an expanded retirement planning model

Article Abstract:

The growing tencency by employers to incorporate retiree health benefits into a total retirement package has revealed the total incompatibility of those benefits with other retirement plans, particularly pensions. Employers have also come to view retiree health benefits as a shared respoonsibility between retirees and their companies as well as a reflection of their organizations' overall human resource goals. Thus, designs for retiree health plans must complement other parts of a total retirement package that the company's financial and human resource goals may be attained.

Analysis, Contracts, Health insurance, Retirement benefits

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Definition of employee

Article Abstract:

The Supreme Court decided to remand the Nationwide Mutual Insurance Co v. Darden to the court of appeals to determine if Robert Darden could be considered as an employee under traditional agency law principles. Darden claimed to be an employee of Nationwide Mutual Insurance Company under the ERISA which makes his retirement benefits unforfeitable. The Court based its decision on the definition of employee under the Fair Labor Standards Act in Rutherford Food Corp v. McComb since it covers those who might not be considered under the traditional common-law test.

Fire, marine, and casualty insurance, Holding companies, not elsewhere classified, Cases, Laws, regulations and rules, Insurance industry, Workers, United States. Supreme Court, Nationwide Mutual Insurance Co., Darden, Robert

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