Posts Tagged: alternative

Opinion

Truth-in-lending law needed now

A photo illustration using stacks of quarters to show rising interest rates. (Photo: Doubletree Studio)

Would you take out a loan for a new home if you didn’t know the interest rate? How about for a car? Or even for a credit card? More than likely, not.

News

Does SCOTUS ruling ease cuts to public retirees’ health care?

Two senior women exercising at a health club. (Photo: Karel Hoppe)

A U.S. Supreme Court ruling in January weakens the “vested rights” protection of retiree health care based on a labor contract, potentially making it easier for government employers to cut a growing cost. The high court overturned an influential federal appeals court ruling that said retiree health care authorized by a short-term labor contract is presumed to be a lifetime benefit, unless the contract has clear language to the contrary.

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