ERISA permits employer cancellation of promised retiree health benefits, according to Fifth Circuit. Wise v. El Paso Natural Gas Co.
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D000066:Accounting / Q000592:standards; D006264:Health Benefit Plans, Employee / Q000191:economics / Q000331:legislation & jurisprudence*; D007221:Industry / Q000331:legislation & jurisprudence; D012179:Retirement / Q000331:legislation & jurisprudence*; D013781:Texas