Marketplace   Menu Guide   Complete Pages      
butler eagle
Site last updated: Wednesday, September 2, 2015 Bookmark our site!
Local PennsylvaniaNationalInternationalNews Extras  
Published: July 25, 2014 print this article Print save this article Save email this article Email ENLARGE TEXT increase font decrease font

Benefits promised

July 30 marks the 49th anniversary of Medicaid and Medicare, healthcare programs enacted to provide America’s seniors with reliable medical coverage.
Today many seniors fear losing their healthcare benefits. Tens of millions of retirees like me who worked decades for a single employer, taking a lower salary in exchange for guaranteed retirement benefits, have had their benefits reduced or canceled.
New federal legislation, the Bankruptcy Fairness and Employee Benefits Protection Act, was just introduced in the Senate. SB2148 would make it more difficult for companies to reduce or eliminate earned benefits and wages that were promised to former employees.
The bill also would require that participants of any health plan be properly informed of a modification or termination of benefits and creates a legal presumption that promised healthcare benefits cannot be reduced during retirement.
With too many companies looking to duck out on their fiduciary commitments, America’s retirees must urge federal elected officials to co-sponsor SB 2148 and protect seniors’ healthcare, as occurred 49 years ago when Medicare and Medicaid were signed into law.
I urge my fellow retirees to join the nonprofit ProtectSeniors.Org.

Controls go here



Leo Stadelman
Kennerdell
Back
 
Comments
Order Photos!
 
MORE LETTERS TO THE EDITOR HEADLINES
arrow Vick’s vile acts
arrow Gas protest snubbed
arrow Vote against drilling
arrow Birth service ends
 
MOST READ ARTICLES
arrow Woman dies in 2-vehicle crash in Jefferson Township
arrow Injured driver rescued after 2-vehicle crash
arrow Driver dies in crash
arrow Fire destroys city house; Red Cross assisting familiy