Supreme Court Rejects Yard-Man Inference of Lifetime Vesting of Retiree Health Benefits

Source: Amber A. Ward and Susan P. Serota, Employee Relations Law Journal, Vol. 41 no. 1, Summer 2015
(subscription required)

From the abstract:
The authors of this article discuss a recent unanimous decision by the U.S. Supreme Court that provides employers facing claims for vested retiree health benefits brought pursuant to collective bargaining agreements and other contracts greater certainty that when courts interpret ambiguous contracts, extrinsic evidence will be viewed without an inference in favor of employees.