Pre-2003 CBAs Did Not Vest Lifetime Full Premium Benefits, 6th Circuit Says

Mealey's (April 8, 2020, 9:51 AM EDT) -- CINCINNATI — Pre-2003 collective bargaining agreements (CBAs) did not vest lifetime, full premium benefits for retired employees of Honeywell International Inc., a majority of the Sixth Circuit U.S. Court of Appeals held April 3, also affirming a ruling that post-2003 CBAs did not vest lifetime and the dismissal of a claim that Honeywell received “windfall financial advantages” (International Union, United Automobile, Aerospace and Agricultural Implement Workers of America [UAW], et al. v. Honeywell International, Inc., Nos. 18-1471, 18-1975 and 18-1976, 6th Cir., 2020 U.S. App. LEXIS 10577)....