The U.S. Supreme Court is set to hear arguments today in a case that has implications for employers that provide retiree health care benefits subject to a collective bargaining agreement.
The case, M&G Polymers USA, LLC v. Tackett, involves the so-called Yard-Man presumption, which infers that the duration of retirement health insurance benefits established under a collective bargaining agreement is meant to apply for the lifetimes of covered retirees if the collective bargaining agreement is silent on the issue.