The Supreme Court ruled last week that employers can reduce benefits for retirees who turn 65 and are eligible for Medicare.
AARP argued unsuccessfully that this violates federal age discrimination laws since younger retirees would still be eligible for coverage from their former employers while older retirees would see a reduction in benefits when they turn 65.
Whether or not a company continues to provide benefits to retirees is voluntary, but it is incredibly expensive and I don’t know how most companies could keep it up, and I think the temptation would be to cut out coverage for all …read more